Table 2.

Descriptive statistics.

Variable	Obs	Mean	Std. Dev.	Min	Max
$CSSD$	4536	1.3840	1.0951	0.2117	7.5668
$CSAD$	4536	1.0508	0.8368	0.1711	6.4001
Stringency Index (INDEX)	3434	21.7364	26.7476	0	100
$R_i$	4438	−0.4651	2.6499	−18.5411	13.6594
$R_m$	4464	−0.46211	1.5515	−7.1404	3.1920
School Closing	4171	0.3665	0.7650	0	2
Workplace Closing	4171	0.2347	0.6185	0	2
Cancel Events	4171	0.3879	0.7539	0	2
Transportation Closing	4171	0.0913	0.3905	0	2
Information Campaigns	4171	0.4066	0.4912	0	1
Internal Restriction Movements	4171	0.2728	0.6368	0	2
Travel Controls	4171	0.8921	1.2325	0	3
Fiscal Measures	4170	0	0.7318	−0.3218	7.8112
Monetary Measures	4171	1.8587	5.7970	−0.75	31.8316
Investments in Health	4169	0	0.5603	−0.2620	7.8112
Investments in Vaccines	4171	0	0.3697	−0.5247	7.8112
Confirmed Cases (CASES)	4171	1364.5871	8729.6721	0	143,025
Confirmed Deaths (DEATHS)	4170	52.1774	430.2485	0	10,781
VIX	4536	30.2882	21.8945	12.1	82.69
REGION	4536	1.9861	1.0737	1	4
ESMA notification (ESMAN)	4536	0.0679	0.2516	0	1
ESMA ban (ESMAB)	4536	0.0121	0.1095	0	1

Notes: Table 2 summarises the descriptive statistics of our research data for 72 countries: number of observations (Obs), mean (Mean), standard deviation (Std. Dev.), minimum (Min) and maximum (Max).