Table 5.
Results of autoregressive distributed lags (ARDLs) for the model Romania and COVID-19 (China).
ARDL—The Number of New Cases in China due to COVID-19 | |
BET_R | ARDL(1, 0, 2, 1, 4, 1, 1, 2, 0) |
RO_BOND | ARDL(3, 2, 3, 2, 2, 1, 4, 4, 0) |
ARDL—The Number of New Deaths in China due to COVID-19 | |
BET_R | ARDL(1, 0, 2, 1, 4, 1, 1, 2, 0) |
RO_BOND | ARDL(2, 2, 3, 0, 2, 2, 4, 4, 0) |
Source: authors’ own calculations. Notes: for the definition of variables, please see Table 1.