Table 2 Financial Access, Female Labor...

Table 2

Financial Access, Female Labor Force Participation and CO₂ emissions (DCPS Policy Thresholds)

	Dependent variable: CO₂ emissions
	OLS	Q.10	Q.25	Q.50	Q.75	Q.90
Constant	−95.24318**	−188.64682***	−113.10937	−18.92660	−120.16510	5.01318
Constant	(46.30563)	(60.06646)	(79.33936)	(37.50791)	(77.81100)	(54.03696)
LFP	0.04936***	0.07588***	0.07822***	0.06337***	0.05353***	0.05245***
LFP	(0.00861)	(0.01063)	(0.01403)	(0.00663)	(0.01376)	(0.00956)
DCPS	0.02924***	0.04761***	0.04746***	0.04844***	0.03537***	0.02543***
DCPS	(0.00655)	(0.00850)	(0.01123)	(0.00531)	(0.01102)	(0.00765)
DCLFP	−0.00058***	−0.00095***	−0.00091***	−0.00085***	−0.00067***	−0.00061***
DCLFP	(0.00010)	(0.00015)	(0.00020)	(0.00010)	(0.00020)	(0.00014)
GDP	0.84192***	0.85924***	0.67265***	0.39577***	0.84889***	1.91553***
GDP	(0.09158)	(0.11126)	(0.14695)	(0.06947)	(0.14412)	(0.10009)
FDI	−0.00458	0.03090***	0.01239**	−0.00397***	−0.00667**	−0.00466***
FDI	(0.00481)	(0.00904)	(0.01194)	(0.00564)	(0.01171)	(0.00813)
Population	−0.01027*	−0.03695***	−0.01386***	0.00548***	0.00017***	−0.00159***
Population	(0.00533)	(0.00713)	(0.00941)	(0.00445)	(0.00923)	(0.00641)
Time effects	Yes	Yes	Yes	Yes	Yes	Yes
Thresholds of DCPS	85.1034 (-ve)	79.8736 (-ve)	85.9560 (-ve)	74.5529(-ve)	79.8955 (-ve)	85.9836 (-ve)
R²/Pseudo R²	0.38370	0.3280	0.2799	0.2382	0.2250	0.3649
Fisher	27.63***
Observations	377	377	377	377	377	377

	Dependent variable: CO₂ emissions
	OLS	Q.10	Q.25	Q.50	Q.75	Q.90
Constant	−95.24318**	−188.64682***	−113.10937	−18.92660	−120.16510	5.01318
Constant	(46.30563)	(60.06646)	(79.33936)	(37.50791)	(77.81100)	(54.03696)
LFP	0.04936***	0.07588***	0.07822***	0.06337***	0.05353***	0.05245***
LFP	(0.00861)	(0.01063)	(0.01403)	(0.00663)	(0.01376)	(0.00956)
DCPS	0.02924***	0.04761***	0.04746***	0.04844***	0.03537***	0.02543***
DCPS	(0.00655)	(0.00850)	(0.01123)	(0.00531)	(0.01102)	(0.00765)
DCLFP	−0.00058***	−0.00095***	−0.00091***	−0.00085***	−0.00067***	−0.00061***
DCLFP	(0.00010)	(0.00015)	(0.00020)	(0.00010)	(0.00020)	(0.00014)
GDP	0.84192***	0.85924***	0.67265***	0.39577***	0.84889***	1.91553***
GDP	(0.09158)	(0.11126)	(0.14695)	(0.06947)	(0.14412)	(0.10009)
FDI	−0.00458	0.03090***	0.01239**	−0.00397***	−0.00667**	−0.00466***
FDI	(0.00481)	(0.00904)	(0.01194)	(0.00564)	(0.01171)	(0.00813)
Population	−0.01027*	−0.03695***	−0.01386***	0.00548***	0.00017***	−0.00159***
Population	(0.00533)	(0.00713)	(0.00941)	(0.00445)	(0.00923)	(0.00641)
Time effects	Yes	Yes	Yes	Yes	Yes	Yes
Thresholds of DCPS	85.1034 (-ve)	79.8736 (-ve)	85.9560 (-ve)	74.5529(-ve)	79.8955 (-ve)	85.9836 (-ve)
R²/Pseudo R²	0.38370	0.3280	0.2799	0.2382	0.2250	0.3649
Fisher	27.63***
Observations	377	377	377	377	377	377

Note(s): Robust standard errors in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1. The mean value of DCPS is 54.480 and the range of DCPS is 2.215–201.258

Source(s): Authors’ own work

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