Table 3.

Impact decomposition of containment measures

	Combined localized impacts	Feedback impacts	Total impacts
SDM panel model
School closure	−0.0487** (0.0102)	−0.0042** (0.0010)	−0.0529** (0.0111)
Establishment closure	−0.0216 (0.0148)	−0.0019 (0.0013)	−0.0235 (0.0161)
Shopping mall closure	−0.0163 (0.0116)	−0.0010 (0.0012)	−0.0177 (0.0126)
Restaurant closure	−0.0206* (0.0098)	−0.0018* (0.0009)	−0.0224* (0.0106)
Contact restrictions	−0.1261** (0.0082)	−0.0110** (0.0015)	−0.1371** (0.0090)
Face mask duty	−0.1255* (0.0551)	−0.0109* (0.0051)	−0.1364* (0.0599)

Note: Simulated standard errors are given in parentheses: Monte Carlo simulation.

*5% significance level, **1% significance level.