Table 6.
Slope coefficient (γ) | Threshold coefficient (ψ) | |||||
---|---|---|---|---|---|---|
Mean | Median | Q.C.V. | Mean | Median | Q.C.V. | |
Panel A: Business Sectors | ||||||
Aggregate | 4.794 [7] | 3.910 [5] | 2.871 [7] | 5.413 [3] | 5.550 [5] | 1.157 [7] |
Oil & Gas | 3.581 [10] | 3.280 [8] | 1.598 [10] | 4.737 [1] | 4.730 [1] | 0.021 [1] |
Materials | 3.033 [11] | 2.950 [10] | 1.993 [8] | 5.757 [9] | 5.980 [10] | 1.199 [9] |
Industrials | 9.303 [4] | 3.370 [7] | 5.078 [6] | 5.477 [4] | 5.370 [2] | 1.311 [11] |
Consumer Goods | 4.626 [8] | 3.490 [6] | 1.572 [11] | 6.023 [10] | 5.970 [9] | 0.258 [2] |
Health Care | 147.7 [1] | 35.78 [1] | 9.382 [1] | 5.644 [6] | 5.670 [6] | 0.469 [4] |
Consumer Services | 126.9 [3] | 4.350 [3] | 9.236 [2] | 5.711 [8] | 5.380 [3] | 1.132 [6] |
Telecommunications | 5.063 [6] | 3.060 [9] | 6.184 [4] | 5.710 [7] | 5.910 [8] | 1.276 [10 |
Utilities | 141.4 [2] | 5.850 [2] | 6.699 [3] | 5.580 [5] | 5.680 [7] | 0.444 [3] |
Financials | 5.927 [5] | 4.240 [4] | 1.667 [9] | 5.399 [2] | 5.540 [4] | 1.103 [5] |
Technology | 4.361 [9] | 1.880 [11] | 5.574 [5] | 6.221 [11] | 6.160 [11] | 1.187 [8] |
Panel B: Countries | ||||||
Indonesia | 13.73 [4] | 4.080 [2] | 3.402 [6] | 5.446 [2] | 5.370 [1] | 1.252 [6] |
Singapore | 8.600 [6] | 3.800 [4] | 5.758 [3] | 5.464 [4] | 5.650 [4] | 1.103 [3] |
Vietnam | 5.644 [7] | 3.490 [6] | 5.077 [4] | 5.666 [6] | 5.680 [5] | 1.300 [7] |
Malaysia | 88.08 [2] | 2.870 [7] | 3.507 [5] | 5.456 [3] | 5.860 [6] | 1.167 [4] |
Thailand | 30.39 [3] | 3.610 [5] | 3.053 [7] | 6.166 [7] | 6.170 [7] | 0.381 [1] |
Philippine | 132.1 [1] | 3.910 [3] | 6.324 [2] | 5.653 [5] | 5.530 [2] | 1.224 [5] |
Myanmar | 12.10 [5] | 4.210 [1] | 7.090 [1] | 5.395 [1] | 5.540 [3] | 0.743 [2] |
For each sector and region, the table shows the mean, median, and quartile coefficients of dispersion of the slope and threshold estimates from Eq. (11). The number in square brackets represents the transition's relative rank, ranging from 1 to 11, reflecting the speed (slope) and timeliness (threshold) of the transition. In the Q.C.V. scales, a rank of 1 (10) indicates homogeneous (heterogeneous) strength and timeliness