Table 1 Results of PVAR analysis.
Variables | (1) | (2) | (3) | (4) |
---|---|---|---|---|
SI | D.addcase | SI | PI | |
L.SI | 1.2943*** (0.037) | 1.1763* (0.678) | 1.0792*** (0.060) | 0.0371 (0.045) |
L2.SI | − 0.3424*** (0.037) | − 1.2675* (0.703) | − 0.0202 (0.047) | 0.0299 (0.040) |
L.D.addcase | 0.0049*** (0.001) | 0.3711*** (0.116) | ||
L2.D.addcase | 0.0023** (0.001) | 0.2160** (0.089) | ||
L.PI | 0.2389** (0.114) | 1.3306*** (0.092) | ||
L2.PI | − 0.4386*** (0.059) | − 0.4705*** (0.060) | ||
Observations | 1088 | 1088 | 1122 | 1122 |