Future Business Journal

Table 4 Cross-sectional dependence results

From: Ecological footprint and human well-being nexus: accounting for broad-based financial development, globalization, and natural resources in the Next-11 countries

Variables	Breusch–Pagan LM	Pesaran scaled LM	Pesaran CD
EF (log)	561.9135^a	48.3323^a	18.38443^a
NR	498.8934^a	69.5623^a	22.67538^a
FD (log)	420.9936^a	34.8962^a	17.89292^a
UB	1583.678^a	105.6483^a	24.74673^a
BI (log)	806.5597^a	71.44687^a	7.648187^a
GB (log)	1318.610^a	120.4805^a	36.29245^a
HD (log)	1400.348^a	128.2739^a	37.38887^a

^aImplies statistical significance at 1% level

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