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. 2021 Aug 9;190:480–494. doi: 10.1016/j.jebo.2021.08.001

Table A2.

Censored (Tobit) regression analysis pre-/post-lockdown .

Dependent variable:
Trust DG UG Risk+ Risk Ambiguity
(1) (2) (3) (4) (5) (6)
Post-lockdown 1.47** 0.31* 0.15 0.27** 0.23** 0.32**
(0.67) (0.18) (0.21) (0.13) (0.11) (0.14)
Wuhan 3.79*** 0.33 0.10 0.16 0.01 0.20
(1.22) (0.33) (0.55) (0.21) (0.17) (0.26)
Other Hubei 1.81* 0.26 0.65*** 0.25 0.10 0.03
(1.01) (0.23) (0.24) (0.17) (0.17) (0.22)
Female 1.60*** 0.45*** 0.18 0.18 0.13 0.11
(0.60) (0.16) (0.20) (0.11) (0.10) (0.13)
Econ 1.58* 0.04 0.41 0.07 0.06 0.08
(0.83) (0.19) (0.29) (0.12) (0.12) (0.15)
(Intercept) 1.28 4.29** 5.46** 3.31* 3.19** 0.28
(10.08) (1.94) (2.45) (1.86) (1.35) (1.97)

Control Variables Yes Yes Yes Yes Yes Yes
Observations 153 304 151 565 581 573
Log Likelihood 322.52 466.37 228.00 954.51 909.21 - 1,053.97
Wald Test 38.44*** 173.02*** 23.75* 16.57 33.11*** 26.22*

Note:*p<0.1; **p<0.05; ***p<0.01. Coefficient estimates with robust standard errors in parentheses.