Table 5.
Long-run and short-run asymmetric parameters
| Long-run asymmetry | Short-run asymmetry | |||
|---|---|---|---|---|
| F statistic | Probability | F statistic | Probability | |
| COVD | 0.478959 | 0.6264 | 7.021484 | 0.0049 |
| COVC | 6.20392 | 0.008 | 8.377253 | 0.0023 |
Source: Author’s calculation
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