The Impact of Education and Technology on Sustainability and Profitability in the Banking Sector
Table 2: VARDL Test
| Dependent Variable: D(ROA) | ||||
| Method: ARDL | ||||
| Variable | Coefficient | Std. Error | t-Statistic | Prob.* |
| Long Run Equation | ||||
| D(CR_FL) | 2.589585 | 0.019541 | 132.5196 | 0.0000 |
| D(ELE_PAY) | 0.199262 | 0.001485 | 134.1635 | 0.0000 |
| D(COM_1_REN) | 0.04851 | 0.002037 | 23.81823 | 0.0000 |
| D(ROE) | 0.029294 | 0.00042 | 69.76924 | 0.0000 |
| Short Run Equation | ||||
| COINTEQ01 | -0.224813 | 0.057862 | -3.885312 | 0.0002 |
| D(CR_FL) | -46.68676 | 37.44856 | -1.24669 | 0.2146 |
| D(ELE_PAY) | -0.166573 | 0.116914 | -1.424745 | 0.1564 |
| D(COM_1_REN,2) | -0.237343 | 0.139736 | -1.698513 | 0.0916 |
| D(ROE,2) | 0.015014 | 0.006672 | 2.250382 | 0.026 |
| Constant | -0.393244 | 0.21523 | -1.827082 | 0.0698 |
| Observations | 290 | |||
| Root MSE | 0.35827 | Mean dependent var | -0.016699 | |
| S.D. dependent var | 1.146193 | S.E. of regression | 0.538885 | |
| Akaike info criterion | 0.186015 | Sum squared resid | 40.94593 | |
| Schwarz criterion | 2.286968 | Log likelihood | 148.3307 | |
| Hannan-Quinn criter. | 1.025057 | |||
| Note: Selected Model: ARDL(1, 1, 1, 1, 1) | ||||
| Dependent Variable: D(CO2_EM) | ||||
| Method: ARDL | ||||
| Variable | Coefficient | Std. Error | t-Statistic | Prob.* |
| Long Run Equation | ||||
| D(CR_FL) | 5.380392 | 1.362619 | 3.948567 | 0.0001 |
| D(ELE_PAY) | 22.19648 | 4.429198 | 5.011401 | 0.0000 |
| D(ROE) | 0.698334 | 0.1745 | 4.001908 | 0.0001 |
| D(COM_1_REN) | 9.895061 | 2.222691 | 4.451838 | 0.0000 |
| Short Run Equation | ||||
| COINTEQ01 | -0.022779 | 0.0379 | -0.601025 | 0.5488 |
| D(CR_FL) | -27.66656 | 53.80231 | -0.514226 | 0.6079 |
| D(ELE_PAY) | -1.965288 | 2.187063 | -0.898597 | 0.3704 |
| D(ROE,2) | -0.04874 | 0.058199 | -0.837483 | 0.4037 |
| D(COM_1_REN,2) | -0.282401 | 0.578948 | -0.487782 | 0.6265 |
| Constant | 0.916817 | 1.103684 | 0.830688 | 0.4076 |
| Observations | 290 | |||
| Root MSE | 1.2727 | Mean dependent var | 0.15782 | |
| S.D. dependent var | 2.25256 | S.E. of regression | 1.914309 | |
| Akaike info criterion | 3.466085 | Sum squared resid | 516.7055 | |
| Schwarz criterion | 5.567038 | Log likelihood | -374.8406 | |
| Hannan-Quinn criter. | 4.305127 | |||