Research Article

Does Climate Change Mitigation Activity Affect Crude Oil Prices? Evidence from Dynamic Panel Model

Table 2

Diagnostic tests.

Diagnostics tests Panel 1: baselinePanel 2: structural breaks control

Sargan test:
 chi2 (156)163.28185.46
 Prob > chi20.32860.335
Serial correlation test:
 AR(1): −6.93−3.02
 Pr > (0.000)(0.000)
 AR(2): −1.49−5.08
 Pr > (0.137)(0.160)