Table 4.
Robust least squares regression estimates for Eq. (1)
| Dependent variable: ln(NEW) | ||||
|---|---|---|---|---|
| Variable | Coefficient | Std. Error | z-Statistic | Prob. |
| C | 29.004 | 5.460 | 5.311 | 0.000 |
| ln(ESR) | − 16.703 | 3.487 | − 4.789 | 0.000 |
| ln(GDPPC) | 0.888 | 0.244 | 3.626 | 0.000 |
| ln(CPI) | 0.814 | 0.280 | 2.899 | 0.003 |
| ln(MS) | − 3.095 | 0.448 | − 6.895 | 0.000 |
| Robust statistics | ||||
| R2 | 0.526 | Adjusted R2 | 0.369 | |
| Rw2 | 0.939 | Adjust Rw2 | 0.939 | |
| AIC | 44.014 | SIC | 51.055 | |
| Rn2 | 85.478 | Prob(Rn2) | 0.000 | |
Note: NEW shows new infected cases, CPI shows inflation, ESR shows environmental sustainability rating, GDPPC shows per capita GDP and MS offers money supply