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Table 8 The results of FMOLS

From: Effects of globalization, energy consumption and ICT on health status in Australia: the role of financial development and education

Variables

Coefficients

Std. Error

t-Statistic

Probability

LNGLOB

0.124c

0.022

5.740

0.000

LNRE

0.010c

0.001

9.393

0.000

LNNRE

-0.051c

0.010

-5.304

0.000

LNICT

0.002c

0.001

3.860

0.001

LNGDPC

0.049c

0.017

2.860

0.010

LNEDU

0.048c

0.007

7.372

0.000

LNFD

0.001b

0.001

2.234

0.037

C

3.190c

0.149

21.423

0.000

R-squared: 0.998

Adjusted R-squared: 0.997

  1. (a, b and c represent the level of statistical significance at 10%, 5% and 1%, respectively)