Table 2 Long-term relationship between... | Emerald Publishing

Table 2

Long-term relationship between Google search queries index and Tunindex return

Variables	Full-sample period	Before Tunisian revolution period	After Tunisian revolution period
Panel A: dependent variable: Google search queries index
Tunindex return	35.566	47.388	23.050
Tunindex return	(2.793)***	(1.649)*	(2.598)***
Constant	−0.997	0.2064	0.90433
Constant	−1.858	0.1844	(2.2378)**
R²	0.022	0.0235	0.064
Adj.R²	0.0161	0.0126	0.0524
S.E. of regression	10.7592	13.563	3.7498
Panel B: dependent variable: Tunindex return
Google search queries index	0.000594	0.00049	0.0033
Google search queries index	(1.9183)**	(1.745)*	(2.574)***
Constant	0.00059	0.0059	0.0111
Constant	(3.1408)***	1.5599	(2.1138)**
R²	0.02215	0.03392	0.0625
Adj.R²	0.01626	0.02319	0.0501
S.E. of regression	0.0408	0.00135	0.042

Variables	Full-sample period	Before Tunisian revolution period	After Tunisian revolution period
Panel A: dependent variable: Google search queries index
Tunindex return	35.566	47.388	23.050
Tunindex return	(2.793)***	(1.649)*	(2.598)***
Constant	−0.997	0.2064	0.90433
Constant	−1.858	0.1844	(2.2378)**
R²	0.022	0.0235	0.064
Adj.R²	0.0161	0.0126	0.0524
S.E. of regression	10.7592	13.563	3.7498
Panel B: dependent variable: Tunindex return
Google search queries index	0.000594	0.00049	0.0033
Google search queries index	(1.9183)**	(1.745)*	(2.574)***
Constant	0.00059	0.0059	0.0111
Constant	(3.1408)***	1.5599	(2.1138)**
R²	0.02215	0.03392	0.0625
Adj.R²	0.01626	0.02319	0.0501
S.E. of regression	0.0408	0.00135	0.042

Note(s): *significant at 10%, **significant at 5% and ***significant at 10% level