Economic Complexity and the Environment: Evidence from Brazil
27
Table 4
(continued)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Dependent variable: maximum carbon dioxide concentrations
Constant
8.671*** 14.67*** 25.59** 12.74*** 10.93***
156.4**
11.65***
202.2
266.5
212.5
(0.230)
(3.014)
(9.564)
(1.564)
(1.728)
(44.87)
(1.590)
(157.9)
(173.2)
(186.0)
Observations
54
46
46
46
46
46
46
46
46
46
# of metropolitan regions 7
6
6
6
6
6
6
6
6
6
R-squared
0.103
0.136
0.172
0.133
0.169
0.219
0.198
0.223
0.231
0.253
Adjusted R-squared
0.068
0.0744
0.113
0.0714
0.11
0.163
0.14
0.125
0.0899
0.0662
Notes
Standard errors, in parentheses, are clustered at the metropolitan region-level. We use the natural logarithm of all variables, except for the ECI, its square
term, and the share of total economically active population which has attended higher education. Interpretation
***p < 0.01, **p < 0.05, *p < 0.1