Table 8.

PCSE and FGLS regression results.

VARIABLES	(1)	(2)	(3)	(4)	(5)	(6)
Lngreen	0.219***	0.0466***	0.207***	0.0425**	−0.0835	−0.0803
	(0.0147)	(0.0152)	(0.00873)	(0.0170)	(0.0621)	(0.0606)
lngreen2					0.0125**	0.0120**
					(0.00595)	(0.00557)
Lniq		0.752***		0.745***	0.741***	0.739***
		(0.0936)		(0.0944)	(0.0941)	(0.0934)
Lnenergy		0.114***		0.114***	0.113***	0.113***
		(0.0368)		(0.0368)	(0.0367)	(0.0367)
Lnpop		0.376***		0.382***	0.382***	0.385***
		(0.0707)		(0.0716)	(0.0713)	(0.0704)
Lngdp		−0.177***		−0.163***	−0.172***	−0.166***
		(0.0158)		(0.0304)	(0.0305)	(0.0165)
Lntrade		0.408***		0.428***	0.410***	0.419***
		(0.0529)		(0.0649)	(0.0652)	(0.0529)
Constant				−0.387	0.176
				(0.716)	(0.761)
Observations	501	501	501	501	501	501
R-squared	0.368	0.244				0.251
Number of c_id	34	34	34	34	34	34

Standard errors in parentheses.

***p < 0.01, **p < 0.05, *p < 0.1.