Table 2.
Summary Statistics.
| Case Increase Rate (%) |
Stock Index Return (%) |
Stringency Index (1−100) |
Human Development Index | GDP per Capita | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mean | SD | Min | Max | Obs | Mean | SD | Min | Max | Obs | Mean | SD | Min | Max | Obs | |||
| Argentina | 10.56 | 27.55 | 0.00 | 300.00 | 136 | 0.14 | 4.55 | −14.75 | 12.60 | 98 | 85.04 | 23.06 | 11.11 | 100.00 | 137 | 0.845 | 18933.91 |
| Australia | 5.18 | 9.12 | 0.00 | 40.00 | 175 | −0.11 | 2.54 | −9.89 | 7.41 | 125 | 51.06 | 22.84 | 5.56 | 75.46 | 175 | 0.944 | 44648.71 |
| Canada | 7.58 | 12.49 | 0.00 | 100.00 | 172 | 0.10 | 1.79 | −5.99 | 4.99 | 124 | 52.23 | 29.89 | 2.78 | 74.54 | 173 | 0.929 | 44017.59 |
| China | 3.76 | 11.83 | 0.00 | 84.79 | 179 | −0.03 | 2.88 | −12.48 | 12.53 | 129 | 73.55 | 10.05 | 26.39 | 81.94 | 179 | 0.761 | 15308.71 |
| Hong Kong | 4.99 | 14.91 | 0.00 | 150.00 | 177 | −0.09 | 1.85 | −6.88 | 4.61 | 127 | 54.36 | 10.03 | 13.89 | 66.67 | 178 | 0.949 | 56054.92 |
| India | 10.15 | 29.80 | 0.00 | 366.67 | 170 | −0.04 | 2.57 | −12.84 | 8.83 | 122 | 68.71 | 34.13 | 10.19 | 100.00 | 171 | 0.645 | 6426.674 |
| Italy | 10.16 | 41.56 | 0.00 | 466.67 | 169 | −0.09 | 2.85 | −17.13 | 8.63 | 121 | 66.06 | 22.79 | 19.44 | 93.52 | 170 | 0.892 | 35220.08 |
| Singapore | 7.16 | 17.83 | 0.00 | 200.00 | 176 | −0.15 | 2.00 | −7.14 | 6.72 | 126 | 52.26 | 19.46 | 25.00 | 82.41 | 177 | 0.938 | 85535.38 |
| Spain | 10.08 | 30.81 | 0.00 | 300.00 | 168 | −0.14 | 2.77 | −14.33 | 7.81 | 120 | 56.51 | 27.55 | 11.11 | 85.19 | 169 | 0.904 | 34272.36 |
| Sweden | 10.01 | 48.15 | 0.00 | 600.00 | 168 | 0.02 | 2.38 | −10.71 | 7.07 | 120 | 48.04 | 23.14 | 5.56 | 64.81 | 169 | 0.945 | 46949.28 |
| UK | 8.19 | 15.63 | −9.23 | 100.00 | 169 | −0.11 | 2.37 | −10.87 | 8.87 | 121 | 55.70 | 28.40 | 8.33 | 79.63 | 170 | 0.932 | 39753.24 |
| US | 9.96 | 16.96 | 0.00 | 118.75 | 177 | 0.03 | 2.89 | −12.12 | 9.40 | 127 | 52.65 | 29.08 | 0.00 | 72.69 | 178 | 0.926 | 54225.45 |
| ALL | 8.07 | 25.78 | −9.23 | 600.00 | 2036 | −0.04 | 2.66 | −17.13 | 12.60 | 1460 | 59.24 | 26.40 | 0.00 | 100.00 | 2046 | 0.884 | 40112.19 |
Notes: This table reports the summary statistics of our sample. The Case Increase Rate is measured as the daily percentage growth in the COVID-19 total confirmed cases. The stock index return is calculated based on a country’s stock market price index obtained from Datastream. Because Human Development Index and GDP per capita are both time-invariant, the mean, min, max, and standard deviation values are not applicable.