Table 6.
The Markov switching model: the influence of COVID-19 confirmed cases and deaths on JCJ_KCJ.
| JCJ_KCJ vs Cases |
JCJ_KCJ vs Deaths |
|||||
|---|---|---|---|---|---|---|
| Parameter | Estimate | Std. Error | p-value | Estimate | Std. Error | p-value |
| Δlog(CHN) | 0.0681 | 0.0568 | 0.233 | 0.0239 | 0.0358 | 0.506 |
| Δlog(USA) | 0.0489 | 0.0342 | 0.155 | 0.0329 | 0.0360 | 0.362 |
| Δlog(ITA) | 0.0602 | 0.0289 | 0.039 | 0.0661 | 0.0336 | 0.052 |
| Δlog(ESP) | 0.0177 | 0.0395 | 0.655 | 0.0636 | 0.0264 | 0.017 |
| Δlog(FRA) | 0.0272 | 0.0369 | 0.463 | 0.0095 | 0.0379 | 0.803 |
| Δlog(DEU) | 0.0037 | 0.0283 | 0.897 | 0.0873 | 0.0457 | 0.059 |
| Δlog(CHE) | −0.0004 | 0.0284 | 0.988 | 0.0036 | 0.0450 | 0.936 |
| Δlog(GBR) | 0.0385 | 0.0286 | 0.181 | −0.0070 | 0.0381 | 0.854 |
| Δlog(RUS) | 0.0251 | 0.0479 | 0.601 | 0.0986 | 0.0409 | 0.018 |
| Δlog(SWE) | 0.0035 | 0.0323 | 0.914 | 0.0222 | 0.0391 | 0.572 |
| Δlog(BEL) | 0.0199 | 0.0301 | 0.509 | 0.1006 | 0.0417 | 0.018 |
| Δlog(NLD) | 0.0332 | 0.0350 | 0.345 | 0.0083 | 0.0376 | 0.825 |