CO2 Emissioni = .682 – 4.319 Renewable Energy consumptioni + 7.8 Industrializationi
Se (1.22) (1.33) (.55) ; r^2 = 0.528
1. Interprete this regression.
2. How would you interprete r^2 ?
3. Does the negative value of Renewable Energy consumption make any economic
sense? What is the underlying economic theory?
4. Suppose I want to introduce a new variable for the above equation, that is Energy
Import. Now what will be the sign of the coefficient of Energy Import?
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