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*** |