Herding behaviour in energy stock markets during the Global Financial Crisis, SARS, and ongoing COVID-19*

. 2020 Sep 29;134:110349. doi: 10.1016/j.rser.2020.110349

Renewable Regions	$α$	$γ_{1}$	$γ_{2}$	$γ_{3}$	$γ_{4}$	$γ_{5}$	$γ_{6}$	$γ_{7}$	$γ_{8}$	adj. $R^{2}$	F-stat.
USA	1.235*** (0.022)	−0.008 (0.015)	0.578*** (0.018)	0.013*** (0.002)	0.001* (0.001)	0.020*** (0.005)	0.015*** (0.005)	0.003*** (0.001)	0.059*** (0.009)	0.635	259.18
Euro	0.899*** (0.023)	0.003 (0.011)	0.451*** (0.047)	0.001 (0.016)	0.001 (0.001)	0.015*** (0.002)	0.016*** (0.003)	0.001 (0.001)	0.056*** (0.006)	0.377	179.18
Asia	1.274*** (0.027)	0.028*** (0.008)	0.420*** (0.024)	0.020*** (0.005)	0.001* (0.001)	0.003 (0.006)	−0.014* (0.008)	0.001 (0.001)	0.045*** (0.009)	0.514	410.19

Note: See details in Appendix 1: Table 5.