Research Article
Impact of Energy Consumption, Economic Growth, and FDI through Environmental Kuznets Curve: Perspective from Belt and Road Initiative and Pakistan
Table 13
Vector error correction model.
| Vector error correction model |
| Sample | 1979–2019 | | | | | No. of observations = 40 | | | | | | | AIC = 11.24178 | Log likelihood = −187.6688 | | | | | | HQIC = 11.89987 | Det (sigma_ml) = 0.1397264 | | | | | | SBIC 13.07596 | Equation | | Parms | RMSE | R_sq | Chi2 | > chi2 | | D_CO2 | | 10 | 0.024334 | 0.5711 | 38.61395 | 0.001 | | D_GDP | | 10 | 12.4495 | 0.7782 | 101.7654 | 0.001 | | D_FDIn | | 10 | 0.345377 | 0.5670 | 37.97036 | 0.001 | | D_EnC | | 10 | 8.26289 | 0.4201 | 21.01052 | 0.0210 | | | | Coef. | Std.err. | Z | > z | 95% Conf. | Interval | D_CO2 | _ce1 | | | | | | | | L1. | −0.0131234 | 0.1011439 | −0.13 | 0.897 | −0.2113618 | 0.1851151 | | CO2 | | | | | | | | LD. | −0.6404848 | 0.2393048 | −2.68 | 0.007 | −1.109514 | −0.1714561 | | L2D. | 0.2746219 | 0.2618192 | 1.05 | 0.294 | −0.2385344 | 0.7877782 | | GDP | | | | | | | | LD. | 0000448 | 0.0003654 | −0.12 | 0.902 | −0.0007609 | 0.0006713 | | L2D. | 0.000183 | 0.000408 | 0.45 | 0.654 | −0.0006167 | 0.0009827 | | FDIn | | | | | | | | LD. | 0.0090727 | 0.0119216 | 0.76 | 0.447 | −0.0142933 | 0.0324386 | | L2D. | 0.0085962 | 0.0127601 | 0.67 | 0.501 | −0.0164131 | 0.0336055 | | EnC | | | | | | | | LD. | 0022476 | 0.0007258 | 3.10 | 0.001 | 0.0008249 | 0.0036702 | | L2D. | −0.0006161 | 0.0008402 | −0.73 | 0.463 | −0.0022628 | 0.00103061 | | _cons | 0.009981 | 0.01322 | 0.75 | 0.450 | −0.0159298 | 0.0358918 |
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