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. 2021 Sep 12;138:77–91. doi: 10.1016/j.jbusres.2021.08.064

Table 3.

Calibration details.

Outcome/Conditions Original measure Corresponding fuzzy set Method of calibration Anchors1
RESI Year-on-year monthly % change in total trade volume (March to July) The set of countries that exhibited above-average trade resilience in the first wave of the pandemic Direct (based on distributional properties)2 e.g. April:
Excl. −42.83%
Cross. −28.6%
Incl. −11.2%
LPI Logistics Performance Index The set of countries with high logistics performance Direct (using World Bank set thresholds for level of ‘logistics friendliness’ – Section 3.1) Excl. 2.38
Cross. 2.88
Incl. 3.41
GNI GNI per capita The set of high-income countries Direct (using World Bank set thresholds defining income levels4) (in USD)
Excl. 1036
Cross. 4045
Incl. 12,535
GOV Overall Government Response Index The set of country governments that exhibited an above-average strong response Direct (based on distributional properties)2 e.g. April:
Excl. 47.86
Cross. 62.01
Incl. 75.58
DEATHS Deaths per 100,000 ppl The set of countries that experienced an above-average disruption impact Direct (based on distributional properties)2 e.g. April:
Excl.: 0
Cross. 3
Incl. 6.39
ECOG KOF Economic Globalization Index The set of economically globalized countries Direct (following precedence)3 Excl. 42.89
Cross. 57.78
Incl. 74.91
SOCG KOF Social Globalization Index The set of socially globalized countries Direct (following precedence)3 Excl. 45.4
Cross. 66.09
Incl. 82.66
GHS Global Health Security Index The set of well-prepared countries in the event of a world pandemic Direct (using ghsindex.org thresholds for level of preparedness – Section 3.1) Excl. 33.5
Cross. 40.2
Incl. 66.5
1

Incl. denotes the anchor of ‘full membership’ in the target set, Cross the point of ‘maximum ambiguity’ (i.e., 0.5), and Excl. ‘full non-membership’. See Ragin, 2008, Schneider and Wagemann, 2012.

2

Thresholds being the mean (cross-over) and 10th and 90th percentiles of the distribution of the measure. Since the measure varies by month, for every month included in the analysis, the measure is re-calibrated based on its distribution in the given month.

3Following

Gygli et al. (2019)who use the quintiles of the distribution to draw comparisons between countries, we use the top and bottom quintile to denote full and no membership, respectively, and the median as the cross-over point.