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. 2020 Dec 10;105:102401. doi: 10.1016/j.jeem.2020.102401

Table A2.

COVID-19 lockdowns and air pollution – Lagged dependent variable estimation.

Bandwidth Air pollution: NO2
Air pollution: PM2.5
Optimal bandwidth Optimal bandwidth +10 days Optimal bandwidth −10 days Optimal bandwidth Optimal bandwidth +10 days Optimal bandwidth −10 days
Lockdown = 1 −0.421∗∗∗
(0.125)
−0.552∗∗∗
(0.121)
−0.208∗
(0.115)
−0.639∗∗
(0.311)
−0.586∗∗
(0.286)
−0.520
(0.332)
Lagged dependent variable 0.646∗∗∗
(0.026)
0.648∗∗∗
(0.025)
0.628∗∗∗
(0.027)
0.707∗∗∗
(0.013)
0.719∗∗∗
(0.013)
0.696∗∗∗
(0.014)
Means before lockdowns 23.281 23.281 23.281 64.824 64.824 64.824
Controls Yes Yes Yes Yes Yes Yes
Country and time FE Yes Yes Yes Yes Yes Yes
Observations 209,825 245,188 174,500 76,939 86,714 67,043

Notes: ∗∗∗p < 0.01, ∗∗p < 0.05, ∗p < 0.1. Results of RDD using the optimal bandwidths based on Imbens and Kalyanaraman (2012). Clustered standard errors in parentheses are robust to within-day and within-country serial correlation. Control variables are daily temperature and rainfall (humidity for station-based data).