Table 4 FCVAR results for the growth rate series
| d–b | Cointegrating equation beta | ||
|---|---|---|---|
| CO2 growth rate | GDP growth rate | ||
| Model for the growth rates of CO2 and GDP imposing d = b | d = 1.024 (0.092) | 1.000 | − 2.662 |
| |||
| Model for the growth rates of CO2 and GDP not imposing d = b |
d = 0.948 (0.106) b = 0.986 (0.000) | 1.000 | − 2.735 |
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