Determinants of global interest in DCash (two-stage least square regression estimation)
| Dependent variable: DCash | ||||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | |
| c | 41.105*** (6.35) | 40.836*** (7.88) | 40.795*** (6.31) | 40.022*** (7.15) |
| Interest in CBDC1 | −0.028 (−0.32) | −0.022 (−0.24) | ||
| Interest in CBDC2 | 0.016 (0.17) | 0.017 (0.18) | ||
| Interest in SD | −0.047 (−0.54) | −0.061 (−0.64) | ||
| Interest in the SDGs | −0.049 (−0.69) | −0.055 (−0.64) | ||
| Interest in Cryptocurrency | −0.346*** (−3.42) | −0.345*** (−3.42) | −0.341*** (−3.42) | −0.342*** (−3.43) |
| R2 (%) | 6.34 | 6.43 | 6.29 | 6.42 |
| Adjusted R2 (%) | 4.79 | 4.88 | 4.75 | 4.87 |
| F-Statistic | 4.08 | 4.148 | 4.056 | 4.061 |
| P(F-Statistic) | 0.008 | 0.007 | 0.008 | 0.008 |
| Dependent variable: DCash | ||||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Coefficient ( | Coefficient ( | Coefficient ( | Coefficient ( | |
| c | 41.105*** (6.35) | 40.836*** (7.88) | 40.795*** (6.31) | 40.022*** (7.15) |
| Interest in CBDC1 | −0.028 (−0.32) | −0.022 (−0.24) | ||
| Interest in CBDC2 | 0.016 (0.17) | 0.017 (0.18) | ||
| Interest in SD | −0.047 (−0.54) | −0.061 (−0.64) | ||
| Interest in the | −0.049 (−0.69) | −0.055 (−0.64) | ||
| Interest in Cryptocurrency | −0.346*** (−3.42) | −0.345*** (−3.42) | −0.341*** (−3.42) | −0.342*** (−3.43) |
| 6.34 | 6.43 | 6.29 | 6.42 | |
| Adjusted | 4.79 | 4.88 | 4.75 | 4.87 |
| 4.08 | 4.148 | 4.056 | 4.061 | |
| P( | 0.008 | 0.007 | 0.008 | 0.008 |
Note(s): The instruments used in the 2SLS estimation are the lagged explanatory variables. T-statistic is reported in parenthesis. *** represents statistical significance at the 1% level
Source(s): Author’s computation