Moreover, the empirical results, based on a case study of the transfer of the passive home concept from Germany to China, demonstrate that domestic rather than foreign players have determined the scope for col- laboration and the aim of the technology, leading to the acceptance of a version of the technology that best suits domestic political-economic objectives [54]. [...] Three robustness tests—the Reset test, the ARCH test, and the LM test—are used in this research to ensure the model’s stability and the validity of the findings for use in policy-making. [...] Bound testing results Following the methodology of [64], the next step after determining the appropriate lag length is to investigate the F-value in order to validate the existence of co-integration among variables for the relationship that exists over the long run. [...] The findings have shown that the calculated value of the F-statistic is higher than the upper critical boundary at both the 5% and the 10% level of significance, which indicates that the null hypothesis that there is no co-integration should be rejected. [...] The contribution of innovation technology is 1.22%, while the contribution of energy consumption and trade openness is approximately 1.38% and 62.5%, respectively, and the highest of all variables.
- Pages
- 19
- Published in
- Hong Kong
