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. 2020 Jun 18;27(29):36254–36281. doi: 10.1007/s11356-020-09497-3

Table 2.

Cross-sectional dependency analysis

Model (1) (2) (3) (4) (5) (6)
Dependent variable lnRECt lnRESt lnEIt lnACFTt lnCO2t lnCO2t
CD-tests

− 1.833*

(0.076)

1.901**

(0.039)

− 1.767*

(0.069)

− 1.712**

(0.049)

− 1.882**

(0.026)

4.003***

(0.000)

LM-tests

74.231***

(0.000)

70.719***

(0.000)

56.298***

(0.001)

66.291***

(0.001)

89.230***

(0.000)

75.249***

(0.000)

The optimal lags are based on Schwarz Information Criterion (SIC); The probability values are reported within the parentheses. ***, **, and * denote statistical significance at 1%, 5%, and 10% levels respectively