Table 7.

The ratio of the output changes to the changes of each variable.

Variable	Description	The Ratio of the Changes ($\stackrel{-}{S_{\omega }^F}$) petroleum	The Ratio of the Changes ($\stackrel{-}{S_{\omega }^F}$) electricity
GDP	GDP Growth	0.3168	0.34848
Demand_oil	Oil Demand	–	−0.9372
Demand_electricity	Electricity Demand	−0.852	–
Epidemic	Epidemic status	−0.5544	−0.60984
Population_infected	Infected people	−0.5346	−0.58806
PMI	Manufacturing PMI	0.4356	0.47916
Exports	Export Income	0.8118	0.89298
FDI	Foreign Direct Investment	−0.9504	−1.04544
P_industry	Industrial Productivity	0.3762	0.41382
Stocks	Stocks Value	−0.3564	−0.39204