Table 1.

Variable description

VariableDescriptionSource
CO2CO2 emission (log)WDI
GHGGHG emission per capita (log)WDI
CO2_PPPKilograms of CO2 per PPP dollar of GDP (log)WDI
GHG1Total GHG emission (log)WDI
ITIB (as proportion of GDP)WDI
FDINet FDI per capitaWDI
Trade in low CO2Trade in low carbon technology products – comparative advantage (index)IMF
GDPLogarithm of GDPWDI
GDPsqrSquare term of GDPWDI
Urban popUrban population (% of total pop)WDI
IndustrializationIndustry, value added (% of GDP)WDI
ReEngRenewable energy consumption (% total energy)WDI
EEP-R&DExpense on environmental protection R&DIMF
Environmental taxIMF
RegulationRegulatory qualityWGI
Trade freedomFreedom level of tradeHeritage foundation
Investment freedomFreedom level of investmentHeritage foundation
Source(s): Authors’ description

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