TABLE 3. Local COVID-19 Severity Predicts Local Sentiment Response.
(1) Sentiment | (2) Sentiment | |
---|---|---|
Log confirmed cases, end of month | −0.0140*** (0.0021) | −0.0087*** (0.0017) |
2018 Urban population share | −0.00026 (0.00053) | |
Log 2018 population (million) | −0.0069 (0.013) | |
Log 2018 nominal GDP | −0.0057 (0.014) | |
2018 share of manufacturing industry | 0.0012 (0.00072) | |
2018 share of service industry | 0.00012 (0.00081) | |
Controls | No | Yes |
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0.68 | 0.80 |
Observations | 31 | 31 |
Standard errors in parentheses
* , **
, ***