Table 7.

PHH: Regulation

 (1)(2)(3)(4)
VariablesIT-CO2FDI-CO2IT-GHGFDI-GHG
CO2 (lag)0.917*** (0.0323)0.916*** (0.0324)
GHG (lag)0.957*** (0.0143)0.953*** (0.0129)
IT0.724*** (0.260)0.682** (0.275)0.0337** (0.0143)0.0220 (0.0143)
FDI−0.280 (0.431)−0.0985 (0.772)0.0117 (0.0289)0.0435 (0.0641)
Trade in low-CO2−0.208* (0.106)−0.214** (0.101)−0.0124* (0.00638)−0.0146** (0.00653)
Regulation−0.726** (0.322)−0.775*** (0.222)0.0658*** (0.0206)0.0496*** (0.0177)
IT*Regulation−0.0866 (0.235)−0.0283** (0.0128)
FDI*Regulation−0.269* (0.576)−0.0559 (0.0597)
AR(2)0.2720.2160.2080.312
Hansen1.001.001.001.00
Observations3,4693,4693,4693,469
No. of id121121121121
Note(s):

Robust standard errors in parentheses (***p  < 0.01; **p  < 0.05; *p  < 0.1)

Source(s): Authors’ own work

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