Table 4.
Static feverish connectedness.
| US | DE | FR | IT | SP | UK | CH | SA | AU | JP | ID | RU | SK | TUK | ARG | BRA | INDO | FROM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US | 21.1 | 7.4 | 7.41 | 5.92 | 4.51 | 11.18 | 8.47 | 3.62 | 4.84 | 2.21 | 5.06 | 6.21 | 3.22 | 1.84 | 2.23 | 3.94 | 0.87 | 78.93 |
| DE | 7.74 | 20.54 | 7.48 | 7.28 | 4.67 | 10.71 | 6.71 | 1.46 | 2.59 | 3.16 | 7.43 | 7.22 | 2.28 | 2.52 | 3.92 | 3.44 | 0.86 | 79.47 |
| FR | 8.7 | 9.26 | 22.68 | 8.49 | 5.07 | 9.14 | 9.07 | 1.81 | 2.65 | 5.13 | 3.6 | 3.59 | 2.29 | 3.29 | 1.51 | 3.38 | 0.36 | 77.32 |
| IT | 5.85 | 8.99 | 7.75 | 22.42 | 5.78 | 8.86 | 8.89 | 1.72 | 1.99 | 2.79 | 5.91 | 3.65 | 4.16 | 2.79 | 2.73 | 5.58 | 0.16 | 77.58 |
| SP | 6.25 | 6.94 | 5.89 | 6.28 | 27.99 | 9.4 | 6.55 | 2.89 | 2.74 | 0.72 | 9.15 | 1.71 | 2.7 | 0.91 | 3.92 | 5.63 | 0.32 | 72.01 |
| UK | 9.43 | 8.98 | 6.94 | 6.92 | 6.73 | 16.7 | 9.12 | 3.19 | 4.13 | 1.79 | 8.05 | 4.64 | 2.98 | 0.94 | 2.14 | 6.78 | 0.55 | 83.29 |
| CH | 8.69 | 6.59 | 7.72 | 8.92 | 5.21 | 10.64 | 19.1 | 2.78 | 2.98 | 3.38 | 6.6 | 4.54 | 4.05 | 1.27 | 1.42 | 5.76 | 0.34 | 80.89 |
| SA | 7.19 | 3.25 | 3.52 | 3.51 | 4.19 | 8.06 | 5.28 | 36.09 | 5.4 | 0.48 | 6.7 | 4.61 | 1.83 | 1.02 | 2.8 | 4.74 | 1.34 | 63.92 |
| AU | 8.34 | 4.45 | 4.08 | 3.01 | 3.39 | 8.58 | 4.76 | 5.06 | 32.9 | 2.02 | 4.65 | 3.74 | 6.29 | 0.57 | 2.3 | 3.48 | 2.39 | 67.1 |
| JP | 4.27 | 7.48 | 10.52 | 5.44 | 0.96 | 3.91 | 7.68 | 0.58 | 2.13 | 40.27 | 0.96 | 3.59 | 4.43 | 5.63 | 0.6 | 1.12 | 0.46 | 59.73 |
| ID | 5.49 | 8.97 | 2.98 | 5.84 | 7.85 | 10.62 | 7.96 | 3.78 | 3.07 | 0.89 | 23.3 | 5.36 | 1.87 | 0.1 | 2.65 | 9.12 | 0.13 | 76.69 |
| RU | 8.48 | 8.88 | 3.64 | 4.84 | 1.41 | 7.78 | 7.4 | 3.53 | 3.02 | 1.82 | 6.88 | 31.1 | 2.11 | 2.21 | 2.56 | 3.94 | 0.45 | 68.93 |
| SK | 6.12 | 3.8 | 3.15 | 7.08 | 3.87 | 6.61 | 8.53 | 2.81 | 5.84 | 3.59 | 3.25 | 2.89 | 35.4 | 0.72 | 1.61 | 3.87 | 0.86 | 64.59 |
| TURK | 4.61 | 4.62 | 7.1 | 4.57 | 1.38 | 2.26 | 4.23 | 1.95 | 1.12 | 4.25 | 0.2 | 4.55 | 0.92 | 54.6 | 2.8 | 0.1 | 0.73 | 45.4 |
| ARG | 4.47 | 6.7 | 2.66 | 4.35 | 4.12 | 5.13 | 2.77 | 3.16 | 2.82 | 0.8 | 3.58 | 4.21 | 2.07 | 1.72 | 48.07 | 2.62 | 0.76 | 51.93 |
| BRA | 5.35 | 6.24 | 3.66 | 6.83 | 6.98 | 10.82 | 8.14 | 3.16 | 2.87 | 1.49 | 9.56 | 3.12 | 3.34 | 0.05 | 2.52 | 25.2 | 0.7 | 74.82 |
| INDO | 4.17 | 2.94 | 2.04 | 1.48 | 0.47 | 4.18 | 2.16 | 3.4 | 4.26 | 1.12 | 0.9 | 0.96 | 1.91 | 0.27 | 0.84 | 2.06 | 66.86 | 33.14 |
| TO | 105.2 | 105.48 | 86.54 | 90.76 | 66.57 | 127.9 | 107.7 | 44.89 | 52.43 | 35.63 | 82.47 | 64.58 | 46.44 | 25.84 | 36.55 | 65.56 | 11.28 | 1155.7 |
| ALL | 126.2 | 126.02 | 109.21 | 113.18 | 94.56 | 144.6 | 126.8 | 80.97 | 85.33 | 75.9 | 105.8 | 95.65 | 81.85 | 80.44 | 84.62 | 90.74 | 78.13 | TCI |
| NET | 26.22 | 26.02 | 9.21 | 13.18 | -5.44 | 44.58 | 26.82 | -19.03 | -14.7 | -24.1 | 5.78 | -4.35 | -18.2 | -19.6 | -15.38 | -9.27 | -21.87 | 67.98 |
Notes: Variance decompositions are based on a TVP-VAR with the lag length of order 1 (BIC) and a 10-step-ahead forecast.