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Table 5 FMOLS and DOLS long-run estimates

From: The dynamic linkage between renewable energy, tourism, CO2 emissions, economic growth, foreign direct investment, and trade

Variable FMOLS DOLS
Coefficient t-statistic Prob. Coefficient t-statistic Prob.
y 1.265 10.676 0.00*** 1.216 11.516 0.00***
re − 0.108 − 2.213 0.02** − 0.103 − 2.348 0.03**
trs − 0.354 − 3.297 0.00*** − 0.333 − 2.956 0.00***
tr 0.313 2.846 0.01*** 0.283 2.216 0.04**
fdi − 0.275 − 8.651 0.00*** − 0.269 − 3.986 0.00***
  1. “***” and “**”indicate statistical significance at the levels 1% and 5%, respectively