Table 5.
F-GLS estimation with fixed effects. Best quartile for Rule of Law
| (1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
| New Cases pc | New Cases pc | New Cases pc | New Cases pc | New Cases pc | New Cases pc | |
| YCases pc | 0.00422*** | 0.00826*** | 0.0131*** | 0.0137*** | 0.0141*** | 0.0131*** |
| (5.94) | (10.94) | (17.69) | (19.16) | (20.44) | (20.57) | |
| Dummy Lockdown | 0.0000200*** | |||||
| (11.56) | ||||||
| Dummy Lockdown 10 days | 0.00000450** | |||||
| (2.42) | ||||||
| Dummy Lockdown 20 days | − 0.0000136*** | |||||
| (− 7.21) | ||||||
| Dummy Lockdown 25 days | − 0.0000172*** | |||||
| (− 9.11) | ||||||
| Dummy Lockdown 30 days | − 0.0000204*** | |||||
| (− 10.82) | ||||||
| Dummy Lockdown 40 days | − 0.0000214*** | |||||
| (− 10.87) | ||||||
| Constant | 0.00000525*** | 0.0000101*** | 0.0000128*** | 0.0000129*** | 0.0000128*** | 0.0000122*** |
| (5.62) | (11.33) | (15.21) | (15.58) | (15.75) | (15.22) | |
| Observations | 3380 | 3380 | 3380 | 3380 | 3380 | 3380 |
| Rho | 0.132 | 0.0894 | 0.0570 | 0.0539 | 0.0523 | 0.0560 |
| R2 | 0.135 | 0.148 | 0.186 | 0.195 | 0.204 | 0.202 |
t statistics in parentheses
*p < 0.1; **p < 0.05; ***p < 0.01