Determinants of global interest in the Sand Dollar (two-stage least square regression estimation)
| Dependent variable: Sand dollar | ||||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | |
| c | 45.778 (10.69) | 45.755*** (13.39) | 46.033*** (10.77) | 46.214** (13.17) |
| Interest in CBDC1 | 0.009 (0.17) | 0.022 (0.39) | ||
| Interest in CBDC2 | −0.028 (−0.46) | −0.016 (−0.26) | ||
| Interest in SD | −0.075 (−1.30) | −0.059 (−0.94) | ||
| Interest in the SDGs | −0.087* (−1.83) | −0.076 (−1.51) | ||
| Interest in cryptocurrency | −0.291*** (−4.36) | −0.290*** (−4.37) | −0.292*** (−4.43) | −0.294*** (−4.47) |
| R2 (%) | 10.68 | 11.48 | 10.77 | 11.44 |
| Adjusted R2 (%) | 9.20 | 10.01 | 9.29 | 9.97 |
| F-Statistic | 7.22 | 7.83 | 7.28 | 7.79 |
| P(F-Statistic) | 0.000 | 0.000 | 0.000 | 0.000 |
| Dependent variable: Sand dollar | ||||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Coefficient ( | Coefficient ( | Coefficient ( | Coefficient ( | |
| c | 45.778 (10.69) | 45.755*** (13.39) | 46.033*** (10.77) | 46.214** (13.17) |
| Interest in CBDC1 | 0.009 (0.17) | 0.022 (0.39) | ||
| Interest in CBDC2 | −0.028 (−0.46) | −0.016 (−0.26) | ||
| Interest in SD | −0.075 (−1.30) | −0.059 (−0.94) | ||
| Interest in the SDGs | −0.087* (−1.83) | −0.076 (−1.51) | ||
| Interest in cryptocurrency | −0.291*** (−4.36) | −0.290*** (−4.37) | −0.292*** (−4.43) | −0.294*** (−4.47) |
| 10.68 | 11.48 | 10.77 | 11.44 | |
| Adjusted | 9.20 | 10.01 | 9.29 | 9.97 |
| 7.22 | 7.83 | 7.28 | 7.79 | |
| P( | 0.000 | 0.000 | 0.000 | 0.000 |
Note(s): The instruments used in the 2SLS estimation are the lagged explanatory variables. T-statistic is reported in parenthesis. ***, ** and * represent statistical significance at the 1%, 5% and 10% levels
Source(s): Author’s computation