[Retracted] Does Income Inequality Harm Green Growth? The BRICS Experience

Table 4

Green growth estimates.

Variable	BRICS		Brazil		Russia		India		China		South Africa
	Coefficient	-stat	Coefficient	-stat	Coefficient	-stat	Coefficient	-stat	Coefficient	-stat	Coefficient	-stat
Long-run
GINI	-3.126	-1.726	1.813	0.963	1.042	1.093	-0.828	-2.511	-1.974	-2.428	-0.114	-1.088
Education	2.678	4.360	2.899	0.799	1.835	0.658	1.498	2.285	1.308	2.281	2.915	1.126
EI	0.187	2.082	0.136	0.284	1.492	4.049	0.483	1.277	1.140	1.701	0.358	1.695
GS	0.103	0.579	0.477	0.651	1.485	5.005	1.482	3.170	0.684	1.878	-0.590	-0.930
FD	1.629	1.705	1.424	2.335	1.550	0.919	1.372	1.910	4.875	1.379	1.809	0.587
Short-run
D (GINI)	-2.050	-0.971	0.608	0.988	1.827	1.136	-0.353	-1.914	0.935	2.783	-1.455	-0.125
D (GINI (-1))	1.137	1.064					-0.007	-2.267			-1.043	-1.098
D (GINI (-2))	0.070	1.189					-0.744	-1.380			-1.801	-1.570
D (Education)	-1.333	-4.808	-1.327	-0.679	1.467	0.677	1.082	3.338	0.598	1.589	0.553	1.111
D (Education (-1))	-0.513	-1.161	-1.088	-0.508					0.147	1.149	0.437	1.250
D (Education (-2))	-0.549	-2.151	0.245	2.259					0.091	3.130
D (EI)	0.304	1.769	0.568	1.120	0.261	0.797	-0.289	-0.830	0.210	2.709	0.090	0.713
D (EI (-1))	0.152	0.781	0.143	0.256	0.659	2.350	0.217	0.942
D (EI (-2))	0.127	0.550	0.599	1.358	0.994	3.792	0.618	2.301
D (GS)	-0.221	-0.565	-0.609	-0.668	-0.546	-1.464	-1.998	-2.106	-0.953	-1.253	0.262	0.447
D (GS (-1))	-0.116	-0.421			-0.359	-3.053	0.316	0.255	0.912	1.075	-0.555	-0.905
D (GS (-2))	-0.125	-0.690					-2.257	-2.644	-0.985	-1.487	0.918	1.654
D (FD)	1.235	1.808	1.582	2.367	1.089	0.871	1.623	3.159	2.405	2.184	1.237	0.608
D (FD (-1))	1.158	5.774					0.305	2.589	1.842	0.546	2.016	2.126
D (FD (-2))	0.080	0.012					0.597	0.948	1.726	2.475	2.796	2.332
C	3.210	3.447	6.390	1.111	3.324	2.397	5.998	2.329	2.463	3.112	3.247	1.949
Diagnostics
-test	6.554		6.542		10.02		6.645		7.023		2.754
ECM (-1)	-0.651	-3.658	-0.568	-2.126	-0.546	-2.141	-0.314	-8.624	-0.498	-8.773	-0.523	-5.010
LM			1.023		0.655		2.002		0.987		1.875
Reset			0.987		0.775		1.012		1.987		0.879
CUSUM			S		S		S		S		S
CUSUM-sq			S		S		S		S		S

Note: ; ; . Source: Author estimations.