Table 7.
Dependent: CH4 | Total Sample (EU 27) | Subsample 1 (EU 15) | Subsample 2 (EU 12) | ||||||
---|---|---|---|---|---|---|---|---|---|
Independent | DFE | DOLS | FMOLS | DFE | DOLS | FMOLS | DFE | DOLS | FMOLS |
D.L. GDPpc | −0.8881 *** | −0.9936 *** | −0.8172 *** | −0.9583 *** | −0.8943 *** | −0.8508 *** | −0.8881 *** | 1.2386 *** | −0.7725 *** |
D.L. GDPpc2 | 0.0170 ** | 0.0122 | 0.0166 * | −0.0004 | −0.0029 | 0.0211 | 0.0170 ** | −0.0312 ** | 0.0201 |
D.L. LEdu | −0.4560 | 0.8758 ** | 0.1231 | 0.5373 *** | 0.3043 | 0.6988 *** | −0.4560 | 2.3745 *** | −0.4090 ** |
D.L. Euse | 0.1572 ** | 0.2553 ** | 0.1204 *** | −0.0144 | 0.3353 | 0.0629 | 0.1572 ** | −0.3453 | 0.1820 *** |
D.L. Elect | 0.0567 ** | 0.0457 | 0.0267 ** | 0.0080 | −0.0395 | 0.0036 | 0.0567 ** | −0.0436 | 0.0568 *** |
Constant | −9.1797 ** | 0.0584 | 0.0801 ** | −1.0121 | 0.3786 *** | 0.2480 *** | −9.1797 | −0.5936 * | 0.2453 |
ECT | −0.2945 *** | −0.1101 *** | −0.2945 *** | ||||||
L. GDPpc (−1) | −1.5085 *** | −0.0022 | −0.0139 *** | −1.5118 *** | 0.0152 * | 0.0032 | −1.5085 *** | −0.0125 | 0.0246 *** |
L. GDPpc2 (−1) | −0.0674 ** | −0.0006 | −0.0007 ** | −0.0108 | 0.0018 ** | 0.0008 | −0.0674 ** | −0.0024 ** | −0.0094 ** |
L. Ledu (−1) | 0.2964 | 0.0183 * | 0.0208 ** | 1.9607 ** | −0.0610 ** | −0.0257 * | 0.2964 | 0.1118 *** | 0.0271 |
L. Euse (−1) | −0.2487 | −0.0253 *** | −0.0198 *** | −0.8382 | 0.0136 | −0.0019 | −0.2487 | −0.0724 *** | −0.0252 * |
L. Elect (−1) | 0.0772 | 0.0002 | 0.0047 ** | 0.1435 | −0.0004 | −0.0023 | 0.0772 | −0.0080 | 0.0073 |
Observations | 270 | 269 | 150 | 149 | 120 | 119 | |||
R2 | 0.8480 | 0.7763 | 0.9386 | 0.8634 | 0.9034 | 0.7567 |
Notes: *, **, *** mean that values are statistically significant at 10%, 5% and 1%, respectively. D.L.—Differenced Lagged; —Lagged; ECT—Error Correction Term; Dynamic Fixed Effects (DFE); Dynamic Ordinary Least Squares (DOLS); Fully Modified Ordinary Least Squares (FMOLS). The rest of the variables’ acronyms were defined in Table 1. Estimations of Equation (3).