Table 5.
Short-Run Coefficients | |||
---|---|---|---|
ALEX | FLEX | MLEX | |
Δln (PM2.5H) × 10 | −0.037 (0.659) | −0.029 (0.147) | −0.036 (0.638) |
Δln (PM2.5TR) × 10 | −0.015 (0.276) | −0.020 (0.821) | −0.014 (0.253) |
Δln (PM2.5MC) × 10 | 0.125 (0.360) | 0.153 (0.268) | 0.205 (0.406) |
Δln (PM2.5OT) × 10 | −0.058 (0.204) | −0.049 (0.610) | −0.073 (0.120) |
ΔGDP | 0.054 (0.192) | 0.083 (0.654) | 0.061 (0.149) |
Δln HEXP | 0.046 (0.781) | 0.137 (0.115) | 0.183 (0.404) |
ΔP-HIV/AIDS | 0.108 (0.429) | 0.216 (0.233) | 0.195 (0.723) |
ΔPUNP | 0.021 (0.953) | 0.018 (0.379) | 0.024 (0.152) |
ΔPUP | 0.009 (0.357) | 0.015 (0.162) | 0.028 (0.337) |
ΔPPS | 0.037 (0.144) | 0.061 (0.728) | 0.049 (0.506) |
ΔGDPt−1 | 0.019 ** (0.016) | 0.021 ** (0.027) | 0.012 ** (0.040) |
Δln HEXPt−1 | 0.026 *** (0.000) | 0.034 ** (0.013) | 0.023 ** (0.037) |
ECTt−1 | −0.118 ** (0.039) | −0.126 ** (0.018) | −0.112 ** (0.045) |
Note: p-values are in parenthesis and **; *** denote statistical significance at the 5% and 1%, respectively; Δ indicates first difference of the variable; PM2.5H is PM2.5 from household combustion; PM2.5TR is PM2.5 from transport; PM2.5MC is PM2.5 from manufacturing industries and construction; PM2.5OT is PM2.5 from other sectors and ECTt−1 refers to lagged previous period of error correction term.