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Table 6 Westerlund cointegration results

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

Statistic

Value

Z value

Robust P value

Model 1

   

Gt

− 4.956a

− 4.459

0.000

Ga

− 1.878

2.576

0.431

Pt

− 12.98a

− 7.437

0.000

Pa

− 3.867

2.921

0.410

Model 2

   

Gt

− 3.945b

− 2.887

0.021

Ga

− 5.878

3.597

0.860

Pt

− 10.659c

− 2.422

0.044

Pa

− 3.861

1.874

0.712

  1. a,b,cSignificance at 1%, 5% and 10% levels, respectively