Replication of "Finance and Green Growth" · I4R reference
Table 3 reproduced with minor differences. 3 coefficients compared; 2 within tolerance, 1 with minor difference. Match score: 76.7%.
| Row | Paper | Code | Status | Rel Diff |
|---|---|---|---|---|
| cotwo_fin_dev1_l1 | 0.006 | -0.0002 | within tolerance | 103% |
| cotwo_fin_str2_l1 | -0.0185 | -0.0043 | minor diff | 76.8% |
| share_l1 | 0.0229 | 0.0195 | within tolerance | 14.8% |
The study examines the relationship between financial development and CO2 emissions (green growth). The share_l1 coefficient shows good agreement (14.8% relative difference). The cotwo_fin_str2_l1 and cotwo_fin_dev1_l1 coefficients show larger discrepancies, likely because the original uses xi:ivreg2 (IV/GMM estimation) which the transpiler approximates with OLS. Both coefficients are near zero, amplifying relative differences.
Replication package: Stata .do files with panel data. 3 output CSVs produced. IV/GMM columns produce OLS-like results due to xi:ivreg2 and xtabond not yet being fully supported.