Table 2.
H1N1 Swine Flu (2009 Q1–2010 Q4): LME vs. CME Nations.
| LME | CME | |||
|---|---|---|---|---|
| Fixed effect | Random effects | Fixed effect | Random effects | |
| Hours worked in a week | 0.6525314 | 0.0553695 | 0.6543426 | 0.4723728 |
| [0.254869] | [0.0761379] | [0.2675615] | [0.1857754] | |
| Unemployment rate | −0.2074054 | −0.2199893 | 0.0485426 | 0.1136841 |
| [0.05994] | [0.0574449] | [0.1252462] | [0.0419675] | |
| Inflation rate (CPI) | 0.4279377 | 0.4722499 | 0.1117892 | 0.3471743 |
| [0.214858] | [0.209494] | [0.384277] | [0.3097005] | |
| Investment GFCF | 0.3413916 | 0.3655099 | 0.4214208 | 0.431975 |
| [0.037242] | [0.0371364] | [0.1087446] | [0.1052326] | |
| Constant | −21.16356 | −0.1264334 | −24.46609 | −18.8801 |
| [9.12589] | [2.907771] | [9.030853] | [7.163458] | |
| R squared | 0.6485 | 0.4107 | 0.325 | 0.7187 |
| Hausman test statistic | 13.26 | 1.34 | ||
Tables in BOLD reflect statistical significance at 95% level of significance.