Table 3.
Feasible generalised least squares fixed-effect estimation of the European subsample
| New cases | ||||||
|---|---|---|---|---|---|---|
| YCases | 0.0101*** | 0.0119*** | 0.0127*** | 0.0135*** | 0.0152*** | 0.0159*** |
| (20.80) | (22.92) | (24.20) | (25.46) | (28.68) | (30.02) | |
| Dummy lockdown | 630.4*** | |||||
| (15.56) | ||||||
| After 10 days of lockdown | 305.8*** | |||||
| (6.61) | ||||||
| After 12 days of lockdown | 178.4*** | |||||
| (3.74) | ||||||
| After 14 days of lockdown | 56.08 | |||||
| (1.14) | ||||||
| After 18 days of lockdown | − 234.9*** | |||||
| (− 4.56) | ||||||
| After 20 days of lockdown | − 355.7*** | |||||
| (− 6.75) | ||||||
| Constant | 99.05*** | 148.7*** | 159.1*** | 167.3*** | 180.7*** | 184.1*** |
| (7.93) | (12.11) | (12.99) | (13.71) | (14.96) | (15.33) | |
| Observations | 5123 | 5123 | 5123 | 5123 | 5123 | 5123 |
t statistics are shown in parentheses
***p < 0.01