Variables

Developed Countries

Developing countries

I (0)

I (1)

I (0)

I (1)

Intercept

Trend & Intercept

Intercept

Trend and intercept

Intercept

Trend & Intercept

Intercept

Trend & Intercept

Covid Cases

4.73212

5.66094

17.1678***

18.4365***

8.22090

8.22090

34.5253***

31.1017***

GDP Growth

19.3273***

11.9150*

20.9470***

13.1196**

31.4606***

24.1996***

28.8611***

17.2621*

Unemployment rate

3.67110

4.24719

19.1109***

12.2591*

8.49257

12.3499

36.7719***

28.0557***