Results per Country
ASC
Part 1: Climate Change Risk and Environmental Performance
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 4.240 | 4.240+ | −0.728 | 5.241 | 0.963 | 4.901 |
| (2.536) | (2.189) | (4.722) | (5.490) | (4.540) | (5.770) | |
| IR_CC.z | −1.856 | 1.269 | 6.075 | |||
| (2.578) | (2.700) | (3.670) | ||||
| EPI.z | 7.245** | 6.078+ | 6.135 | |||
| (2.226) | (3.498) | (4.037) | ||||
| avg_pmi_z | −19.022+ | −12.014 | −11.405 | 4.307 | ||
| (10.566) | (9.980) | (22.141) | (31.166) | |||
| GDP | 0.133 | −0.025 | 0.117 | −0.047 | ||
| (0.107) | (0.132) | (0.108) | (0.144) | |||
| IR_CC.z × avg_pmi_z | −16.791* | |||||
| (7.369) | ||||||
| avg_pmi_z × GDP | −0.237 | −0.533 | ||||
| (0.637) | (0.906) | |||||
| EPI.z × avg_pmi_z | 2.748 | |||||
| (12.324) | ||||||
| Num.Obs. | 31 | 31 | 30 | 30 | 30 | 30 |
| R2 | 0.018 | 0.268 | 0.231 | 0.305 | 0.368 | 0.319 |
| R2 Adj. | −0.016 | 0.242 | 0.143 | 0.225 | 0.237 | 0.177 |
| Log.Lik. | −125.027 | −120.474 | −117.781 | −116.259 | −114.836 | −115.965 |
| F | 0.519 | 10.597 | 2.608 | 3.811 | 2.799 | 2.248 |
| RMSE | 13.66 | 11.79 | 12.27 | 11.66 | 11.12 | 11.55 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Without “strange” Countries (Estonia, Turkey and Croatia)
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 7.884*** | 7.187*** | 7.555** | 9.769*** | 7.314** | 10.507*** |
| (1.566) | (1.424) | (2.134) | (2.472) | (2.266) | (2.561) | |
| IR_CC.z | 0.231 | 0.984 | 0.830 | |||
| (2.504) | (1.798) | (1.913) | ||||
| EPI.z | 4.074* | 2.762 | 3.731+ | |||
| (1.729) | (1.902) | (2.029) | ||||
| avg_pmi_z | −24.057*** | −23.116*** | −20.507+ | −1.483 | ||
| (4.694) | (4.570) | (11.002) | (16.453) | |||
| GDP | 0.004 | −0.065 | 0.003 | −0.096 | ||
| (0.048) | (0.062) | (0.052) | (0.065) | |||
| IR_CC.z × avg_pmi_z | 3.834 | |||||
| (8.709) | ||||||
| avg_pmi_z × GDP | −0.094 | −0.666 | ||||
| (0.303) | (0.489) | |||||
| EPI.z × avg_pmi_z | 17.432 | |||||
| (11.786) | ||||||
| Num.Obs. | 28 | 28 | 27 | 27 | 27 | 27 |
| R2 | 0.000 | 0.176 | 0.576 | 0.607 | 0.581 | 0.645 |
| R2 Adj. | −0.038 | 0.144 | 0.521 | 0.555 | 0.482 | 0.560 |
| Log.Lik. | −97.376 | −94.671 | −82.444 | −81.435 | −82.268 | −80.062 |
| F | 0.008 | 5.552 | 10.413 | 11.817 | 5.835 | 7.616 |
| RMSE | 7.84 | 7.11 | 5.13 | 4.94 | 5.09 | 4.69 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Part 2: Culture Variables
| M7 | M8 | M9 | M10 | M11 | |
|---|---|---|---|---|---|
| (Intercept) | 3.840 | 3.840 | 3.115 | 4.184 | 4.412 |
| (2.355) | (2.545) | (2.808) | (2.712) | (2.840) | |
| Individualism.z | 6.094* | 6.983* | |||
| (2.395) | (3.202) | ||||
| LTO.z | −3.188 | −6.028 | |||
| (2.589) | (3.590) | ||||
| TL.z | 2.814 | 3.201 | |||
| (2.861) | (3.246) | ||||
| Duty_Joy.z | 5.435+ | 0.554 | |||
| (2.764) | (3.786) | ||||
| Num.Obs. | 30 | 30 | 27 | 27 | 24 |
| R2 | 0.188 | 0.051 | 0.037 | 0.134 | 0.338 |
| R2 Adj. | 0.159 | 0.018 | −0.001 | 0.099 | 0.198 |
| Log.Lik. | −118.248 | −120.576 | −109.639 | −108.703 | −94.142 |
| F | 6.472 | 1.517 | 0.967 | 3.868 | 2.420 |
| RMSE | 12.46 | 13.47 | 14.04 | 13.56 | 12.23 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M12 | M13 | M14 | M15 | M16 | |
|---|---|---|---|---|---|
| (Intercept) | −0.471 | 0.188 | −0.705 | −2.983 | −8.193 |
| (4.814) | (4.559) | (5.651) | (7.642) | (10.606) | |
| Individualism.z | 2.928 | 3.471 | |||
| (3.517) | (4.095) | ||||
| avg_pmi_z | −9.588 | −22.402* | −16.109 | −11.671 | −9.683 |
| (12.864) | (10.060) | (11.441) | (11.986) | (18.424) | |
| GDP | 0.115 | 0.095 | 0.125 | 0.219 | 0.398 |
| (0.109) | (0.103) | (0.136) | (0.218) | (0.329) | |
| LTO.z | −4.692+ | −7.268+ | |||
| (2.516) | (3.949) | ||||
| TL.z | 1.644 | 2.728 | |||
| (3.033) | (3.391) | ||||
| Duty_Joy.z | 1.238 | −3.384 | |||
| (3.829) | (4.591) | ||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.248 | 0.322 | 0.217 | 0.250 | 0.452 |
| R2 Adj. | 0.158 | 0.241 | 0.110 | 0.148 | 0.246 |
| Log.Lik. | −113.653 | −112.160 | −103.371 | −103.273 | −88.519 |
| F | 2.755 | 3.957 | 2.034 | 2.447 | 2.199 |
| RMSE | 12.18 | 11.57 | 12.90 | 12.85 | 11.36 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M17 | M18 | M19 | M20 | M21 | |
|---|---|---|---|---|---|
| (Intercept) | −4.855 | 2.395 | −5.530 | −3.346 | −22.323 |
| (5.528) | (4.887) | (6.001) | (7.974) | (17.046) | |
| Individualism.z | 13.236 | 38.833* | |||
| (9.018) | (14.488) | ||||
| avg_pmi_z | −5.373 | −24.205* | −6.603 | −13.987 | 30.579 |
| (13.031) | (11.522) | (13.077) | (12.979) | (23.385) | |
| GDP | 0.186 | 0.062 | 0.299+ | 0.229 | 0.644 |
| (0.127) | (0.106) | (0.161) | (0.246) | (0.481) | |
| Individualism.z × avg_pmi_z | −24.064 | −67.674* | |||
| (15.201) | (24.735) | ||||
| Individualism.z × GDP | −0.250 | −0.960+ | |||
| (0.265) | (0.487) | ||||
| LTO.z | −9.978+ | −20.725 | |||
| (5.512) | (11.526) | ||||
| LTO.z × avg_pmi_z | 10.596 | ||||
| (11.762) | |||||
| LTO.z × GDP | 0.129 | ||||
| (0.105) | |||||
| TL.z | 7.371 | 1.432 | |||
| (5.591) | (31.116) | ||||
| TL.z × avg_pmi_z | 2.444 | ||||
| (12.069) | |||||
| TL.z × GDP | −0.162 | ||||
| (0.106) | |||||
| Duty_Joy.z | 3.023 | −33.166* | |||
| (8.322) | (12.337) | ||||
| Duty_Joy.z × avg_pmi_z | −11.037 | ||||
| (17.444) | |||||
| Duty_Joy.z × GDP | −0.082 | ||||
| (0.265) | |||||
| avg_pmi_z × LTO.z | 53.605+ | ||||
| (23.813) | |||||
| GDP × LTO.z | 0.622+ | ||||
| (0.306) | |||||
| avg_pmi_z × TL.z | 14.889 | ||||
| (39.250) | |||||
| GDP × TL.z | −0.012 | ||||
| (0.924) | |||||
| avg_pmi_z × Duty_Joy.z | 36.084 | ||||
| (29.890) | |||||
| GDP × Duty_Joy.z | 0.914+ | ||||
| (0.424) | |||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.322 | 0.375 | 0.339 | 0.268 | 0.841 |
| R2 Adj. | 0.175 | 0.239 | 0.174 | 0.085 | 0.562 |
| Log.Lik. | −112.150 | −110.989 | −101.173 | −102.965 | −74.301 |
| F | 2.189 | 2.755 | 2.051 | 1.463 | 3.019 |
| RMSE | 11.57 | 11.11 | 11.85 | 12.70 | 6.12 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Plots from Model 21
Location
Part 1: Climate Change Risk and Environmental Performance
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | −0.743 | −0.743 | −1.970* | −1.751 | −2.168* | −1.608 |
| (0.581) | (0.542) | (0.947) | (1.156) | (0.982) | (1.213) | |
| IR_CC.z | −1.118+ | −0.103 | −0.698 | |||
| (0.590) | (0.542) | (0.794) | ||||
| EPI.z | 1.603** | 0.266 | 0.549 | |||
| (0.550) | (0.737) | (0.849) | ||||
| avg_pmi_z | −6.692** | −6.589** | −5.239 | −8.611 | ||
| (2.120) | (2.102) | (4.790) | (6.554) | |||
| GDP | 0.031 | 0.025 | 0.029 | 0.019 | ||
| (0.021) | (0.028) | (0.023) | (0.030) | |||
| IR_CC.z × avg_pmi_z | 1.512 | |||||
| (1.594) | ||||||
| avg_pmi_z × GDP | −0.048 | 0.051 | ||||
| (0.138) | (0.191) | |||||
| EPI.z × avg_pmi_z | −1.688 | |||||
| (2.592) | ||||||
| Num.Obs. | 31 | 31 | 30 | 30 | 30 | 30 |
| R2 | 0.110 | 0.226 | 0.464 | 0.466 | 0.487 | 0.478 |
| R2 Adj. | 0.079 | 0.199 | 0.402 | 0.404 | 0.381 | 0.369 |
| Log.Lik. | −79.333 | −77.167 | −69.588 | −69.534 | −68.911 | −69.189 |
| F | 3.587 | 8.475 | 7.493 | 7.551 | 4.563 | 4.392 |
| RMSE | 3.13 | 2.92 | 2.46 | 2.46 | 2.41 | 2.43 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Without “strange” Countries (Estonia, Turkey and Croatia)
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | −0.771 | −0.966 | −2.235* | −1.606 | −2.292+ | −1.648 |
| (0.639) | (0.571) | (1.044) | (1.234) | (1.111) | (1.344) | |
| IR_CC.z | −1.075 | −0.386 | −0.469 | |||
| (1.022) | (0.879) | (0.938) | ||||
| EPI.z | 1.962** | 0.941 | 0.922 | |||
| (0.694) | (0.950) | (1.065) | ||||
| avg_pmi_z | −6.501** | −6.164* | −4.467 | −5.072 | ||
| (2.296) | (2.282) | (5.394) | (8.636) | |||
| GDP | 0.034 | 0.016 | 0.031 | 0.015 | ||
| (0.023) | (0.031) | (0.026) | (0.034) | |||
| IR_CC.z × avg_pmi_z | 0.271 | |||||
| (4.270) | ||||||
| avg_pmi_z × GDP | −0.062 | −0.034 | ||||
| (0.148) | (0.257) | |||||
| EPI.z × avg_pmi_z | 0.119 | |||||
| (6.186) | ||||||
| Num.Obs. | 28 | 28 | 27 | 27 | 27 | 27 |
| R2 | 0.041 | 0.235 | 0.428 | 0.446 | 0.432 | 0.448 |
| R2 Adj. | 0.004 | 0.206 | 0.353 | 0.374 | 0.297 | 0.316 |
| Log.Lik. | −72.268 | −69.096 | −63.137 | −62.685 | −63.024 | −62.657 |
| F | 1.108 | 8.001 | 5.728 | 6.184 | 3.200 | 3.403 |
| RMSE | 3.20 | 2.85 | 2.51 | 2.47 | 2.50 | 2.46 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Part 2: Culture Variables
| M7 | M8 | M9 | M10 | M11 | |
|---|---|---|---|---|---|
| (Intercept) | −0.680 | −0.680 | −1.010 | −0.976 | −0.925 |
| (0.519) | (0.629) | (0.662) | (0.599) | (0.632) | |
| Individualism.z | 1.958*** | 1.644* | |||
| (0.527) | (0.713) | ||||
| LTO.z | −0.393 | −0.259 | |||
| (0.640) | (0.799) | ||||
| TL.z | 0.107 | 0.126 | |||
| (0.674) | (0.723) | ||||
| Duty_Joy.z | 1.452* | 0.336 | |||
| (0.610) | (0.843) | ||||
| Num.Obs. | 30 | 30 | 27 | 27 | 24 |
| R2 | 0.330 | 0.013 | 0.001 | 0.185 | 0.318 |
| R2 Adj. | 0.306 | −0.022 | −0.039 | 0.152 | 0.174 |
| Log.Lik. | −72.850 | −78.651 | −70.612 | −67.911 | −58.082 |
| F | 13.776 | 0.378 | 0.025 | 5.665 | 2.212 |
| RMSE | 2.74 | 3.33 | 3.31 | 2.99 | 2.72 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M12 | M13 | M14 | M15 | M16 | |
|---|---|---|---|---|---|
| (Intercept) | −1.677+ | −1.523 | −2.159+ | −2.343 | −2.445 |
| (0.959) | (0.895) | (1.116) | (1.385) | (2.127) | |
| Individualism.z | 0.621 | 0.404 | |||
| (0.701) | (0.821) | ||||
| avg_pmi_z | −5.628* | −8.407*** | −6.284* | −6.372** | −6.800+ |
| (2.563) | (1.974) | (2.260) | (2.172) | (3.694) | |
| GDP | 0.025 | 0.021 | 0.036 | 0.039 | 0.045 |
| (0.022) | (0.020) | (0.027) | (0.040) | (0.066) | |
| LTO.z | −1.043* | −0.990 | |||
| (0.494) | (0.792) | ||||
| TL.z | −0.276 | 0.215 | |||
| (0.599) | (0.680) | ||||
| Duty_Joy.z | 0.303 | −0.344 | |||
| (0.694) | (0.921) | ||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.490 | 0.554 | 0.424 | 0.521 | 0.537 |
| R2 Adj. | 0.429 | 0.501 | 0.346 | 0.455 | 0.363 |
| Log.Lik. | −66.868 | −64.932 | −61.201 | −58.866 | −51.560 |
| F | 8.019 | 10.354 | 5.408 | 7.969 | 3.087 |
| RMSE | 2.43 | 2.27 | 2.55 | 2.33 | 2.28 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M17 | M18 | M19 | M20 | M21 | |
|---|---|---|---|---|---|
| (Intercept) | −1.656 | −2.170* | −2.848* | −2.312 | −1.998 |
| (1.114) | (0.914) | (1.184) | (1.452) | (1.960) | |
| Individualism.z | −1.140 | −9.088*** | |||
| (1.818) | (1.666) | ||||
| avg_pmi_z | −5.557* | −8.101** | −6.415* | −6.100* | −9.634** |
| (2.626) | (2.156) | (2.581) | (2.364) | (2.689) | |
| GDP | 0.009 | 0.030 | 0.066+ | 0.040 | 0.018 |
| (0.026) | (0.020) | (0.032) | (0.045) | (0.055) | |
| Individualism.z × avg_pmi_z | 0.979 | 15.641*** | |||
| (3.064) | (2.844) | ||||
| Individualism.z × GDP | 0.067 | 0.304*** | |||
| (0.053) | (0.056) | ||||
| LTO.z | 0.329 | −0.276 | |||
| (1.031) | (1.325) | ||||
| LTO.z × avg_pmi_z | −3.311 | ||||
| (2.201) | |||||
| LTO.z × GDP | −0.035+ | ||||
| (0.020) | |||||
| TL.z | 1.535 | 0.088 | |||
| (1.103) | (3.578) | ||||
| TL.z × avg_pmi_z | −3.047 | ||||
| (2.382) | |||||
| TL.z × GDP | −0.040+ | ||||
| (0.021) | |||||
| Duty_Joy.z | 0.222 | −0.431 | |||
| (1.516) | (1.418) | ||||
| Duty_Joy.z × avg_pmi_z | 1.319 | ||||
| (3.177) | |||||
| Duty_Joy.z × GDP | 0.006 | ||||
| (0.048) | |||||
| avg_pmi_z × LTO.z | −13.731** | ||||
| (2.738) | |||||
| GDP × LTO.z | −0.092* | ||||
| (0.035) | |||||
| avg_pmi_z × TL.z | −1.858 | ||||
| (4.513) | |||||
| GDP × TL.z | 0.024 | ||||
| (0.106) | |||||
| avg_pmi_z × Duty_Joy.z | 7.657+ | ||||
| (3.437) | |||||
| GDP × Duty_Joy.z | 0.017 | ||||
| (0.049) | |||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.530 | 0.626 | 0.515 | 0.527 | 0.956 |
| R2 Adj. | 0.428 | 0.544 | 0.393 | 0.409 | 0.878 |
| Log.Lik. | −65.701 | −62.388 | −58.982 | −58.688 | −24.551 |
| F | 5.183 | 7.694 | 4.243 | 4.462 | 12.337 |
| RMSE | 2.33 | 2.08 | 2.34 | 2.31 | 0.70 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Plots from Model 21
Holding Period
Part 1: Climate Change Risk and Environmental Performance
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 2.328*** | 2.328*** | 2.507*** | 2.524*** | 2.483*** | 2.593*** |
| (0.087) | (0.087) | (0.171) | (0.212) | (0.174) | (0.210) | |
| IR_CC.z | −0.046 | −0.095 | −0.155 | |||
| (0.089) | (0.098) | (0.141) | ||||
| EPI.z | −0.074 | 0.046 | 0.114 | |||
| (0.088) | (0.135) | (0.147) | ||||
| avg_pmi_z | 0.162 | 0.081 | −0.529 | −1.971+ | ||
| (0.383) | (0.386) | (0.848) | (1.134) | |||
| GDP | −0.005 | −0.006 | −0.004 | −0.005 | ||
| (0.004) | (0.005) | (0.004) | (0.005) | |||
| IR_CC.z × avg_pmi_z | 0.350 | |||||
| (0.282) | ||||||
| avg_pmi_z × GDP | 0.022 | 0.063+ | ||||
| (0.024) | (0.033) | |||||
| EPI.z × avg_pmi_z | −0.696 | |||||
| (0.448) | ||||||
| Num.Obs. | 31 | 31 | 30 | 30 | 30 | 30 |
| R2 | 0.009 | 0.024 | 0.098 | 0.070 | 0.172 | 0.193 |
| R2 Adj. | −0.025 | −0.010 | −0.006 | −0.038 | −0.001 | 0.025 |
| Log.Lik. | −20.601 | −20.366 | −18.232 | −18.698 | −16.954 | −16.560 |
| F | 0.263 | 0.710 | 0.944 | 0.650 | 0.996 | 1.151 |
| RMSE | 0.47 | 0.47 | 0.44 | 0.45 | 0.43 | 0.42 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Without “strange” Countries (Estonia, Turkey and Croatia)
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 2.292*** | 2.323*** | 2.489*** | 2.534*** | 2.509*** | 2.507*** |
| (0.096) | (0.097) | (0.188) | (0.232) | (0.197) | (0.234) | |
| IR_CC.z | −0.157 | −0.202 | −0.171 | |||
| (0.153) | (0.159) | (0.167) | ||||
| EPI.z | −0.076 | 0.108 | 0.042 | |||
| (0.118) | (0.179) | (0.185) | ||||
| avg_pmi_z | 0.134 | 0.176 | −0.616 | −2.555 | ||
| (0.414) | (0.429) | (0.959) | (1.502) | |||
| GDP | −0.005 | −0.006 | −0.004 | −0.003 | ||
| (0.004) | (0.006) | (0.005) | (0.006) | |||
| IR_CC.z × avg_pmi_z | −0.073 | |||||
| (0.759) | ||||||
| avg_pmi_z × GDP | 0.023 | 0.085+ | ||||
| (0.026) | (0.045) | |||||
| EPI.z × avg_pmi_z | −1.562 | |||||
| (1.076) | ||||||
| Num.Obs. | 28 | 28 | 27 | 27 | 27 | 27 |
| R2 | 0.039 | 0.016 | 0.123 | 0.076 | 0.154 | 0.212 |
| R2 Adj. | 0.002 | −0.022 | 0.009 | −0.044 | −0.047 | 0.025 |
| Log.Lik. | −19.081 | −19.420 | −16.873 | −17.581 | −16.390 | −15.429 |
| F | 1.061 | 0.413 | 1.080 | 0.633 | 0.766 | 1.133 |
| RMSE | 0.48 | 0.48 | 0.45 | 0.46 | 0.44 | 0.43 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Part 2: Culture Variables
| M7 | M8 | M9 | M10 | M11 | |
|---|---|---|---|---|---|
| (Intercept) | 2.383*** | 2.383*** | 2.410*** | 2.326*** | 2.430*** |
| (0.069) | (0.064) | (0.064) | (0.089) | (0.057) | |
| Individualism.z | 0.046 | 0.118+ | |||
| (0.071) | (0.065) | ||||
| LTO.z | 0.152* | 0.051 | |||
| (0.065) | (0.073) | ||||
| TL.z | −0.021 | 0.052 | |||
| (0.065) | (0.066) | ||||
| Duty_Joy.z | −0.193* | −0.165* | |||
| (0.091) | (0.077) | ||||
| Num.Obs. | 30 | 30 | 27 | 27 | 24 |
| R2 | 0.015 | 0.162 | 0.004 | 0.153 | 0.360 |
| R2 Adj. | −0.020 | 0.132 | −0.036 | 0.119 | 0.226 |
| Log.Lik. | −12.523 | −10.092 | −7.473 | −16.568 | −0.522 |
| F | 0.424 | 5.424 | 0.104 | 4.501 | 2.676 |
| RMSE | 0.37 | 0.34 | 0.32 | 0.45 | 0.25 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M12 | M13 | M14 | M15 | M16 | |
|---|---|---|---|---|---|
| (Intercept) | 2.654*** | 2.564*** | 2.644*** | 2.217*** | 2.532*** |
| (0.118) | (0.122) | (0.120) | (0.264) | (0.217) | |
| Individualism.z | 0.211* | 0.175+ | |||
| (0.086) | (0.084) | ||||
| avg_pmi_z | 0.361 | 0.046 | −0.319 | 0.061 | 0.154 |
| (0.314) | (0.269) | (0.243) | (0.414) | (0.378) | |
| GDP | −0.008** | −0.005+ | −0.007* | 0.003 | −0.004 |
| (0.003) | (0.003) | (0.003) | (0.008) | (0.007) | |
| LTO.z | 0.130+ | 0.034 | |||
| (0.067) | (0.081) | ||||
| TL.z | 0.035 | 0.043 | |||
| (0.065) | (0.070) | ||||
| Duty_Joy.z | −0.214 | −0.133 | |||
| (0.132) | (0.094) | ||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.327 | 0.274 | 0.217 | 0.149 | 0.395 |
| R2 Adj. | 0.246 | 0.187 | 0.110 | 0.032 | 0.168 |
| Log.Lik. | −6.027 | −7.121 | −3.268 | −15.762 | 0.891 |
| F | 4.043 | 3.144 | 2.035 | 1.280 | 1.740 |
| RMSE | 0.30 | 0.31 | 0.27 | 0.44 | 0.23 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M17 | M18 | M19 | M20 | M21 | |
|---|---|---|---|---|---|
| (Intercept) | 2.731*** | 2.482*** | 2.648*** | 2.207*** | 3.108*** |
| (0.139) | (0.126) | (0.130) | (0.265) | (0.422) | |
| Individualism.z | 0.027 | −0.387 | |||
| (0.226) | (0.359) | ||||
| avg_pmi_z | 0.287 | −0.085 | −0.524+ | 0.104 | −0.917 |
| (0.327) | (0.298) | (0.283) | (0.432) | (0.579) | |
| GDP | −0.009** | −0.004 | −0.006+ | 0.006 | −0.016 |
| (0.003) | (0.003) | (0.003) | (0.008) | (0.012) | |
| Individualism.z × avg_pmi_z | 0.425 | 1.530* | |||
| (0.381) | (0.612) | ||||
| Individualism.z × GDP | 0.004 | 0.014 | |||
| (0.007) | (0.012) | ||||
| LTO.z | 0.168 | −0.297 | |||
| (0.143) | (0.285) | ||||
| LTO.z × avg_pmi_z | −0.574+ | ||||
| (0.304) | |||||
| LTO.z × GDP | −0.002 | ||||
| (0.003) | |||||
| TL.z | 0.160 | 1.053 | |||
| (0.121) | (0.770) | ||||
| TL.z × avg_pmi_z | −0.449 | ||||
| (0.261) | |||||
| TL.z × GDP | −0.002 | ||||
| (0.002) | |||||
| Duty_Joy.z | −0.047 | −0.069 | |||
| (0.277) | (0.305) | ||||
| Duty_Joy.z × avg_pmi_z | 0.247 | ||||
| (0.580) | |||||
| Duty_Joy.z × GDP | −0.005 | ||||
| (0.009) | |||||
| avg_pmi_z × LTO.z | −1.397* | ||||
| (0.590) | |||||
| GDP × LTO.z | 0.004 | ||||
| (0.008) | |||||
| avg_pmi_z × TL.z | −1.564 | ||||
| (0.972) | |||||
| GDP × TL.z | −0.029 | ||||
| (0.023) | |||||
| avg_pmi_z × Duty_Joy.z | 0.636 | ||||
| (0.740) | |||||
| GDP × Duty_Joy.z | 0.000 | ||||
| (0.010) | |||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.361 | 0.373 | 0.318 | 0.229 | 0.744 |
| R2 Adj. | 0.222 | 0.237 | 0.148 | 0.036 | 0.295 |
| Log.Lik. | −5.261 | −4.995 | −1.472 | −14.471 | 10.763 |
| F | 2.602 | 2.735 | 1.867 | 1.188 | 1.657 |
| RMSE | 0.29 | 0.29 | 0.26 | 0.42 | 0.15 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Plots from Model 21
Admin 1 (Community Group) vs Admin 2 (Electricity Provider)
Part 1: Climate Change Risk and Environmental Performance
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 0.102 | 0.102 | 1.454 | −0.003 | 1.129 | 0.172 |
| (0.471) | (0.420) | (0.945) | (1.061) | (0.886) | (1.111) | |
| IR_CC.z | 0.904+ | 0.734 | −0.163 | |||
| (0.479) | (0.540) | (0.716) | ||||
| EPI.z | −1.480** | −1.790* | −1.569+ | |||
| (0.427) | (0.676) | (0.777) | ||||
| avg_pmi_z | −1.072 | −1.713 | −4.544 | −6.152 | ||
| (2.114) | (1.929) | (4.319) | (6.000) | |||
| GDP | −0.035 | 0.004 | −0.029 | 0.003 | ||
| (0.021) | (0.026) | (0.021) | (0.028) | |||
| IR_CC.z × avg_pmi_z | 3.622* | |||||
| (1.437) | ||||||
| avg_pmi_z × GDP | 0.110 | 0.133 | ||||
| (0.124) | (0.174) | |||||
| EPI.z × avg_pmi_z | −1.847 | |||||
| (2.373) | ||||||
| Num.Obs. | 31 | 31 | 30 | 30 | 30 | 30 |
| R2 | 0.109 | 0.293 | 0.193 | 0.319 | 0.369 | 0.337 |
| R2 Adj. | 0.079 | 0.268 | 0.100 | 0.240 | 0.238 | 0.199 |
| Log.Lik. | −72.869 | −69.293 | −69.502 | −66.952 | −65.803 | −66.539 |
| F | 3.557 | 12.005 | 2.069 | 4.058 | 2.809 | 2.444 |
| RMSE | 2.54 | 2.26 | 2.45 | 2.25 | 2.17 | 2.22 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Without “strange” Countries (Estonia, Turkey and Croatia)
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | −0.350 | −0.264 | 0.606 | 0.055 | 0.675 | 0.471 |
| (0.417) | (0.398) | (0.854) | (1.006) | (0.901) | (1.045) | |
| IR_CC.z | 0.478 | 0.223 | 0.341 | |||
| (0.668) | (0.720) | (0.761) | ||||
| EPI.z | −0.870+ | −0.798 | −0.362 | |||
| (0.483) | (0.774) | (0.828) | ||||
| avg_pmi_z | −0.587 | −0.870 | −3.497 | 4.234 | ||
| (1.879) | (1.860) | (4.374) | (6.714) | |||
| GDP | −0.025 | −0.008 | −0.020 | −0.018 | ||
| (0.019) | (0.025) | (0.021) | (0.026) | |||
| IR_CC.z × avg_pmi_z | −0.085 | |||||
| (3.462) | ||||||
| avg_pmi_z × GDP | 0.090 | −0.155 | ||||
| (0.120) | (0.200) | |||||
| EPI.z × avg_pmi_z | 6.440 | |||||
| (4.809) | ||||||
| Num.Obs. | 28 | 28 | 27 | 27 | 27 | 27 |
| R2 | 0.019 | 0.111 | 0.087 | 0.124 | 0.111 | 0.205 |
| R2 Adj. | −0.018 | 0.077 | −0.032 | 0.010 | −0.101 | 0.015 |
| Log.Lik. | −60.356 | −58.986 | −57.721 | −57.168 | −57.364 | −55.859 |
| F | 0.514 | 3.241 | 0.732 | 1.083 | 0.524 | 1.081 |
| RMSE | 2.09 | 1.99 | 2.05 | 2.01 | 2.03 | 1.92 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Part 2: Culture Variables
| M7 | M8 | M9 | M10 | M11 | |
|---|---|---|---|---|---|
| (Intercept) | −0.020 | −0.020 | 0.079 | 0.226 | 0.001 |
| (0.485) | (0.497) | (0.510) | (0.542) | (0.560) | |
| Individualism.z | −0.668 | −0.862 | |||
| (0.493) | (0.632) | ||||
| LTO.z | 0.320 | 0.869 | |||
| (0.506) | (0.709) | ||||
| TL.z | −1.012+ | −1.120+ | |||
| (0.519) | (0.641) | ||||
| Duty_Joy.z | −0.205 | 0.351 | |||
| (0.552) | (0.747) | ||||
| Num.Obs. | 30 | 30 | 27 | 27 | 24 |
| R2 | 0.061 | 0.014 | 0.132 | 0.005 | 0.226 |
| R2 Adj. | 0.028 | −0.021 | 0.097 | −0.034 | 0.063 |
| Log.Lik. | −70.841 | −71.578 | −63.565 | −65.208 | −55.194 |
| F | 1.832 | 0.401 | 3.795 | 0.138 | 1.389 |
| RMSE | 2.57 | 2.63 | 2.55 | 2.71 | 2.41 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M12 | M13 | M14 | M15 | M16 | |
|---|---|---|---|---|---|
| (Intercept) | 1.312 | 1.318 | 0.908 | 3.409* | 3.586 |
| (0.984) | (0.980) | (1.094) | (1.468) | (2.065) | |
| Individualism.z | −0.439 | −0.462 | |||
| (0.719) | (0.797) | ||||
| avg_pmi_z | −0.821 | 0.637 | 1.000 | −1.587 | −1.082 |
| (2.630) | (2.163) | (2.215) | (2.302) | (3.588) | |
| GDP | −0.034 | −0.034 | −0.024 | −0.096* | −0.114+ |
| (0.022) | (0.022) | (0.026) | (0.042) | (0.064) | |
| LTO.z | 0.347 | 0.910 | |||
| (0.541) | (0.769) | ||||
| TL.z | −0.778 | −0.860 | |||
| (0.587) | (0.660) | ||||
| Duty_Joy.z | 0.910 | 1.339 | |||
| (0.736) | (0.894) | ||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.144 | 0.145 | 0.195 | 0.202 | 0.375 |
| R2 Adj. | 0.041 | 0.043 | 0.085 | 0.093 | 0.141 |
| Log.Lik. | −67.612 | −67.590 | −60.687 | −60.376 | −50.888 |
| F | 1.402 | 1.417 | 1.778 | 1.857 | 1.602 |
| RMSE | 2.49 | 2.49 | 2.50 | 2.47 | 2.21 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M17 | M18 | M19 | M20 | M21 | |
|---|---|---|---|---|---|
| (Intercept) | 1.731 | 1.337 | 1.998+ | 3.682* | 5.322 |
| (1.152) | (1.094) | (1.123) | (1.452) | (5.333) | |
| Individualism.z | 0.023 | −2.969 | |||
| (1.879) | (4.532) | ||||
| avg_pmi_z | −1.300 | 0.730 | −0.895 | −0.718 | −4.244 |
| (2.716) | (2.580) | (2.447) | (2.363) | (7.316) | |
| GDP | −0.028 | −0.034 | −0.064* | −0.125* | −0.177 |
| (0.026) | (0.024) | (0.030) | (0.045) | (0.151) | |
| Individualism.z × avg_pmi_z | 1.564 | 7.771 | |||
| (3.168) | (7.738) | ||||
| Individualism.z × GDP | −0.031 | 0.075 | |||
| (0.055) | (0.152) | ||||
| LTO.z | 0.388 | −0.782 | |||
| (1.234) | (3.606) | ||||
| LTO.z × avg_pmi_z | 0.190 | ||||
| (2.633) | |||||
| LTO.z × GDP | −0.001 | ||||
| (0.024) | |||||
| TL.z | −2.243* | 2.859 | |||
| (1.046) | (9.734) | ||||
| TL.z × avg_pmi_z | 0.028 | ||||
| (2.258) | |||||
| TL.z × GDP | 0.039+ | ||||
| (0.020) | |||||
| Duty_Joy.z | −1.312 | −1.401 | |||
| (1.515) | (3.859) | ||||
| Duty_Joy.z × avg_pmi_z | 3.832 | ||||
| (3.176) | |||||
| Duty_Joy.z × GDP | 0.080 | ||||
| (0.048) | |||||
| avg_pmi_z × LTO.z | −8.732 | ||||
| (7.450) | |||||
| GDP × LTO.z | 0.019 | ||||
| (0.096) | |||||
| avg_pmi_z × TL.z | −5.838 | ||||
| (12.279) | |||||
| GDP × TL.z | −0.101 | ||||
| (0.289) | |||||
| avg_pmi_z × Duty_Joy.z | 5.012 | ||||
| (9.350) | |||||
| GDP × Duty_Joy.z | 0.111 | ||||
| (0.133) | |||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.198 | 0.146 | 0.366 | 0.300 | 0.532 |
| R2 Adj. | 0.023 | −0.040 | 0.207 | 0.125 | −0.288 |
| Log.Lik. | −66.671 | −67.586 | −57.594 | −58.680 | −47.573 |
| F | 1.134 | 0.784 | 2.305 | 1.711 | 0.649 |
| RMSE | 2.41 | 2.49 | 2.22 | 2.31 | 1.91 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Plots from Model 21
Admin 3 (Natl. Gov.) vs Admin 2 (Electricity Provider)
Part 1: Climate Change Risk and Environmental Performance
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 5.376*** | 5.376*** | 5.185*** | 4.915*** | 4.931*** | 4.783*** |
| (0.351) | (0.353) | (0.733) | (0.895) | (0.697) | (0.869) | |
| IR_CC.z | 0.275 | 0.238 | −0.585 | |||
| (0.357) | (0.419) | (0.564) | ||||
| EPI.z | −0.178 | −0.361 | −0.286 | |||
| (0.359) | (0.570) | (0.608) | ||||
| avg_pmi_z | 0.571 | 0.558 | 6.911+ | 7.770 | ||
| (1.639) | (1.626) | (3.400) | (4.692) | |||
| GDP | 0.006 | 0.013 | −0.006 | 0.002 | ||
| (0.017) | (0.022) | (0.017) | (0.022) | |||
| IR_CC.z × avg_pmi_z | 1.067 | |||||
| (1.132) | ||||||
| avg_pmi_z × GDP | −0.205* | −0.238+ | ||||
| (0.098) | (0.136) | |||||
| EPI.z × avg_pmi_z | 0.982 | |||||
| (1.855) | ||||||
| Num.Obs. | 31 | 31 | 30 | 30 | 30 | 30 |
| R2 | 0.020 | 0.008 | 0.024 | 0.027 | 0.214 | 0.186 |
| R2 Adj. | −0.014 | −0.026 | −0.088 | −0.085 | 0.051 | 0.016 |
| Log.Lik. | −63.738 | −63.921 | −61.876 | −61.831 | −58.626 | −59.161 |
| F | 0.595 | 0.246 | 0.215 | 0.241 | 1.309 | 1.095 |
| RMSE | 1.89 | 1.90 | 1.90 | 1.90 | 1.71 | 1.74 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Without “strange” Countries (Estonia, Turkey and Croatia)
| M1 | M2 | M3 | M4 | M5 | M6 | |
|---|---|---|---|---|---|---|
| (Intercept) | 5.164*** | 5.082*** | 4.559*** | 4.719*** | 4.241*** | 4.325*** |
| (0.364) | (0.364) | (0.751) | (0.912) | (0.683) | (0.868) | |
| IR_CC.z | 0.315 | 0.422 | 0.083 | |||
| (0.582) | (0.633) | (0.577) | ||||
| EPI.z | 0.270 | 0.117 | −0.107 | |||
| (0.442) | (0.701) | (0.687) | ||||
| avg_pmi_z | 1.042 | 1.074 | 9.153* | 8.278 | ||
| (1.653) | (1.686) | (3.318) | (5.574) | |||
| GDP | 0.017 | 0.011 | 0.007 | 0.006 | ||
| (0.017) | (0.023) | (0.016) | (0.022) | |||
| IR_CC.z × avg_pmi_z | 3.212 | |||||
| (2.626) | ||||||
| avg_pmi_z × GDP | −0.238* | −0.226 | ||||
| (0.091) | (0.166) | |||||
| EPI.z × avg_pmi_z | −0.336 | |||||
| (3.993) | ||||||
| Num.Obs. | 28 | 28 | 27 | 27 | 27 | 27 |
| R2 | 0.011 | 0.014 | 0.052 | 0.035 | 0.314 | 0.264 |
| R2 Adj. | −0.027 | −0.024 | −0.072 | −0.091 | 0.150 | 0.089 |
| Log.Lik. | −56.529 | −56.486 | −54.263 | −54.506 | −49.901 | −50.839 |
| F | 0.292 | 0.374 | 0.421 | 0.277 | 1.921 | 1.510 |
| RMSE | 1.82 | 1.82 | 1.81 | 1.82 | 1.54 | 1.59 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Part 2: Culture Variables
| M7 | M8 | M9 | M10 | M11 | |
|---|---|---|---|---|---|
| (Intercept) | 5.433*** | 5.433*** | 5.460*** | 5.405*** | 5.365*** |
| (0.334) | (0.359) | (0.380) | (0.395) | (0.397) | |
| Individualism.z | −0.748* | −1.012* | |||
| (0.340) | (0.448) | ||||
| LTO.z | −0.237 | 0.273 | |||
| (0.365) | (0.502) | ||||
| TL.z | −0.389 | −0.603 | |||
| (0.387) | (0.454) | ||||
| Duty_Joy.z | 0.177 | 0.576 | |||
| (0.402) | (0.530) | ||||
| Num.Obs. | 30 | 30 | 27 | 27 | 24 |
| R2 | 0.147 | 0.015 | 0.039 | 0.008 | 0.269 |
| R2 Adj. | 0.117 | −0.020 | 0.000 | −0.032 | 0.116 |
| Log.Lik. | −59.679 | −61.848 | −55.642 | −56.664 | −46.933 |
| F | 4.841 | 0.420 | 1.007 | 0.194 | 1.752 |
| RMSE | 1.77 | 1.90 | 1.90 | 1.97 | 1.71 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M12 | M13 | M14 | M15 | M16 | |
|---|---|---|---|---|---|
| (Intercept) | 5.027*** | 5.409*** | 4.883*** | 5.521*** | 3.650* |
| (0.659) | (0.756) | (0.821) | (1.181) | (1.500) | |
| Individualism.z | −1.382** | −1.430* | |||
| (0.482) | (0.579) | ||||
| avg_pmi_z | −2.453 | 0.528 | 1.588 | 0.747 | −0.378 |
| (1.761) | (1.668) | (1.662) | (1.852) | (2.606) | |
| GDP | 0.013 | 0.002 | 0.017 | −0.002 | 0.057 |
| (0.015) | (0.017) | (0.020) | (0.034) | (0.047) | |
| LTO.z | −0.148 | 0.352 | |||
| (0.417) | (0.558) | ||||
| TL.z | −0.518 | −0.647 | |||
| (0.441) | (0.480) | ||||
| Duty_Joy.z | 0.257 | 0.086 | |||
| (0.592) | (0.649) | ||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.254 | 0.013 | 0.082 | 0.016 | 0.370 |
| R2 Adj. | 0.165 | −0.105 | −0.044 | −0.118 | 0.133 |
| Log.Lik. | −55.988 | −60.046 | −53.218 | −54.719 | −43.530 |
| F | 2.839 | 0.111 | 0.652 | 0.119 | 1.564 |
| RMSE | 1.67 | 1.92 | 1.87 | 1.99 | 1.61 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
| M17 | M18 | M19 | M20 | M21 | |
|---|---|---|---|---|---|
| (Intercept) | 4.709*** | 5.372*** | 4.985*** | 5.546*** | −0.575 |
| (0.768) | (0.843) | (0.945) | (1.124) | (2.888) | |
| Individualism.z | −1.636 | −4.763+ | |||
| (1.253) | (2.455) | ||||
| avg_pmi_z | −2.094 | 0.637 | 1.655 | 0.300 | 2.474 |
| (1.811) | (1.987) | (2.060) | (1.829) | (3.962) | |
| GDP | 0.008 | 0.002 | 0.012 | −0.018 | 0.139 |
| (0.018) | (0.018) | (0.025) | (0.035) | (0.082) | |
| Individualism.z × avg_pmi_z | −1.238 | 0.747 | |||
| (2.113) | (4.191) | ||||
| Individualism.z × GDP | 0.020 | 0.120 | |||
| (0.037) | (0.082) | ||||
| LTO.z | 0.005 | 4.006+ | |||
| (0.951) | (1.953) | ||||
| LTO.z × avg_pmi_z | −0.110 | ||||
| (2.029) | |||||
| LTO.z × GDP | −0.003 | ||||
| (0.018) | |||||
| TL.z | −0.817 | −11.463+ | |||
| (0.881) | (5.272) | ||||
| TL.z × avg_pmi_z | 0.560 | ||||
| (1.901) | |||||
| TL.z × GDP | 0.006 | ||||
| (0.017) | |||||
| Duty_Joy.z | −0.468 | 1.758 | |||
| (1.173) | (2.090) | ||||
| Duty_Joy.z × avg_pmi_z | −2.345 | ||||
| (2.458) | |||||
| Duty_Joy.z × GDP | 0.018 | ||||
| (0.037) | |||||
| avg_pmi_z × LTO.z | 1.598 | ||||
| (4.035) | |||||
| GDP × LTO.z | −0.103+ | ||||
| (0.052) | |||||
| avg_pmi_z × TL.z | 12.639+ | ||||
| (6.650) | |||||
| GDP × TL.z | 0.335+ | ||||
| (0.157) | |||||
| avg_pmi_z × Duty_Joy.z | −9.127 | ||||
| (5.064) | |||||
| GDP × Duty_Joy.z | −0.064 | ||||
| (0.072) | |||||
| Num.Obs. | 29 | 29 | 26 | 26 | 23 |
| R2 | 0.307 | 0.015 | 0.089 | 0.201 | 0.737 |
| R2 Adj. | 0.156 | −0.199 | −0.139 | 0.001 | 0.277 |
| Log.Lik. | −54.924 | −60.024 | −53.115 | −52.017 | −33.470 |
| F | 2.037 | 0.069 | 0.391 | 1.004 | 1.603 |
| RMSE | 1.61 | 1.92 | 1.87 | 1.79 | 1.04 |
| + p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001 |
Plots from Model 21