Table 3. Conditional country-specific... | Emerald Publishing

Table 3.

Conditional country-specific connectedness

	EPU	FPU	MPU	FROM
USA
EPU	45.65	25.13	29.22	54.35
FPU	30.77	55.51	13.73	44.49
MPU	33.45	13.14	53.41	46.59
TO	64.21	38.27	42.94	TCI
NET	9.87	−6.22	−3.65	72.71
Japan
EPU	46.05	36.27	17.68	53.95
FPU	38.74	50.04	11.22	49.96
MPU	23.19	13.94	62.87	37.13
TO	61.93	50.21	28.9	TCI
NET	7.98	0.25	−8.22	70.52
Greece
EPU	60.42	27.3	12.28	39.58
FPU	26.23	65.55	8.22	34.45
MPU	15.1	10.8	74.1	25.9
TO	41.32	38.11	20.5	TCI
NET	1.74	3.66	−5.4	49.96
Korea
EPU	53.75	25.11	21.14	46.25
FPU	26.66	58.21	15.13	41.79
MPU	22.59	15.72	61.69	38.31
TO	49.25	40.83	36.27	TCI
NET	3	−0.96	−2.04	63.18

	EPU	FPU	MPU	FROM
USA
EPU	45.65	25.13	29.22	54.35
FPU	30.77	55.51	13.73	44.49
MPU	33.45	13.14	53.41	46.59
TO	64.21	38.27	42.94	TCI
NET	9.87	−6.22	−3.65	72.71
Japan
EPU	46.05	36.27	17.68	53.95
FPU	38.74	50.04	11.22	49.96
MPU	23.19	13.94	62.87	37.13
TO	61.93	50.21	28.9	TCI
NET	7.98	0.25	−8.22	70.52
Greece
EPU	60.42	27.3	12.28	39.58
FPU	26.23	65.55	8.22	34.45
MPU	15.1	10.8	74.1	25.9
TO	41.32	38.11	20.5	TCI
NET	1.74	3.66	−5.4	49.96
Korea
EPU	53.75	25.11	21.14	46.25
FPU	26.66	58.21	15.13	41.79
MPU	22.59	15.72	61.69	38.31
TO	49.25	40.83	36.27	TCI
NET	3	−0.96	−2.04	63.18

Note:

Results are based on a TVP-VAR (0.99, 0.99) model with a lag length of order 1 (BIC) and a 10-step ahead forecast