Table 1. Full-sample static... | Emerald Publishing

Table 1.

Full-sample static connectedness

	ATCON	BECON	GECON	FICON	FRCON	NLCON	GRCON	IECON	ITCON	PTCON	SPCON	ATBUS	BEBUS	GEBUS	FIBUS	FRBUS	NLBUS	GRBUS	IEBUS	ITBUS	PTBUS	SPBUS	Directional FROM Others
ATCON	41.73	0.69	5.97	3.27	2.41	4.43	1.91	1.28	2.39	6.07	3.51	8.98	0.57	6.63	0.27	1.92	0.55	0.25	0.30	4.55	1.95	0.38	58.27
BECON	8.02	29.76	3.60	0.45	5.19	8.32	1.77	3.25	3.49	1.19	6.95	6.32	1.55	4.29	0.57	4.15	0.79	0.25	0.42	7.24	1.11	1.32	70.24
GECON	8.90	3.34	30.28	3.60	1.08	4.28	2.27	0.82	2.61	4.79	4.18	4.07	0.62	10.86	0.08	5.79	1.29	0.83	0.27	3.34	2.75	3.96	69.72
FICON	5.47	1.42	1.09	41.53	1.12	2.78	1.65	1.02	2.72	1.08	1.28	1.57	0.84	3.68	16.25	2.16	0.97	0.75	0.37	8.20	1.15	2.91	58.47
FRCON	10.24	3.35	3.65	1.72	24.98	6.93	2.17	2.66	2.12	4.83	6.98	9.27	0.28	3.47	2.72	5.54	1.33	0.16	0.10	4.95	0.82	1.75	75.02
NLCON	3.71	3.37	3.25	2.29	2.06	28.06	3.16	3.79	4.89	7.74	3.88	4.92	2.74	5.24	1.35	2.81	3.64	0.10	0.22	5.49	6.49	0.80	71.94
GRCON	1.59	0.76	0.63	1.02	4.45	6.55	30.79	3.50	5.24	11.58	5.57	2.54	1.58	2.14	0.02	2.63	1.66	9.01	0.23	4.21	2.63	1.68	69.21
IECON	0.83	1.13	0.83	3.82	2.50	7.85	0.66	31.02	1.70	6.97	9.64	2.72	1.88	4.27	1.14	1.30	5.42	0.56	2.54	4.52	3.84	4.87	68.98
ITCON	3.57	4.24	0.94	2.48	3.70	7.87	4.21	7.09	36.96	5.92	4.35	0.59	0.50	1.59	1.00	2.01	0.49	0.35	2.02	9.22	0.77	0.15	63.04
PTCON	3.70	0.94	1.62	2.04	2.83	8.54	1.88	3.78	6.68	25.19	9.11	4.18	0.72	3.57	0.06	1.65	2.90	1.34	0.62	8.37	8.03	2.27	74.81
SPCON	2.22	3.35	2.13	3.50	2.91	5.13	2.68	9.91	2.38	7.09	29.33	1.72	0.38	3.37	0.20	3.51	2.00	0.25	0.41	5.43	2.94	9.15	70.67
ATBUS	5.89	0.60	0.96	3.90	0.91	4.40	2.66	1.58	0.49	1.19	4.04	18.56	6.09	17.84	1.58	7.45	3.68	0.15	1.00	10.21	3.10	3.73	81.44
BEBUS	2.67	1.70	2.15	4.21	0.35	5.23	5.03	1.44	1.65	0.93	2.29	9.20	12.70	16.51	2.33	7.76	4.70	0.32	0.50	10.34	3.21	4.77	87.30
GEBUS	1.71	0.51	1.45	8.69	0.42	3.31	1.57	0.66	0.94	1.38	1.67	9.57	6.80	30.54	1.44	5.87	2.83	0.67	0.48	13.17	1.32	5.00	69.46
FIBUS	0.06	3.58	0.63	6.58	0.79	4.74	2.15	2.84	0.36	0.34	3.77	7.37	5.88	10.42	24.97	5.39	7.56	0.62	1.50	4.51	0.78	5.13	75.03
FRBUS	4.30	1.57	3.59	4.91	1.95	4.18	4.54	1.28	1.06	0.94	5.44	9.77	4.40	11.62	2.65	16.52	2.63	0.24	1.20	8.32	2.92	5.97	83.48
NLBUS	0.75	0.89	1.66	3.92	0.77	5.14	4.21	3.51	2.43	2.28	3.74	6.70	5.39	13.61	2.29	7.88	11.91	1.31	2.23	7.92	6.17	5.30	88.09
GRBUS	0.25	0.66	0.48	1.83	2.53	3.39	6.51	2.99	4.16	2.21	3.52	6.51	1.78	6.47	0.64	6.92	6.04	22.06	1.31	9.10	4.60	6.03	77.94
IEBUS	2.35	1.14	2.94	2.83	0.75	4.88	3.76	6.65	0.33	1.96	3.71	5.11	3.42	9.75	1.19	6.97	6.44	1.51	19.00	7.13	3.78	4.41	81.00
ITBUS	3.78	1.27	1.96	5.30	1.91	4.45	3.94	2.28	3.08	0.62	4.00	6.28	4.39	12.70	3.28	7.38	3.31	0.14	0.54	20.79	3.74	4.86	79.21
PTBUS	1.46	0.62	2.97	6.78	0.67	5.07	4.20	2.72	2.21	2.46	5.07	5.42	3.59	8.55	1.39	7.98	5.38	0.52	0.98	7.67	16.70	7.57	83.30
SPBUS	1.24	1.14	2.60	9.91	1.00	1.36	2.77	2.87	0.89	1.21	9.02	4.58	3.53	12.02	2.96	8.36	2.52	0.19	0.69	8.36	2.63	20.17	79.83
Directional TO others	72.72	36.28	45.10	83.05	40.30	108.84	63.70	65.91	51.81	72.80	101.71	117.38	56.90	168.61	43.40	105.43	66.15	19.50	17.93	152.24	64.70	82.00
Net contribution (To-From) others	14.45	−33.96	−24.61	24.58	−34.72	36.90	−5.51	−3.07	−11.23	−2.01	31.04	35.94	−30.40	99.15	−31.62	21.95	−21.95	−58.44	−63.07	73.02	−18.60	2.17	Total connectedness = 74.38

	ATCON	BECON	GECON	FICON	FRCON	NLCON	GRCON	IECON	ITCON	PTCON	SPCON	ATBUS	BEBUS	GEBUS	FIBUS	FRBUS	NLBUS	GRBUS	IEBUS	ITBUS	PTBUS	SPBUS	DirectionalFROMOthers
ATCON	41.73	0.69	5.97	3.27	2.41	4.43	1.91	1.28	2.39	6.07	3.51	8.98	0.57	6.63	0.27	1.92	0.55	0.25	0.30	4.55	1.95	0.38	58.27
BECON	8.02	29.76	3.60	0.45	5.19	8.32	1.77	3.25	3.49	1.19	6.95	6.32	1.55	4.29	0.57	4.15	0.79	0.25	0.42	7.24	1.11	1.32	70.24
GECON	8.90	3.34	30.28	3.60	1.08	4.28	2.27	0.82	2.61	4.79	4.18	4.07	0.62	10.86	0.08	5.79	1.29	0.83	0.27	3.34	2.75	3.96	69.72
FICON	5.47	1.42	1.09	41.53	1.12	2.78	1.65	1.02	2.72	1.08	1.28	1.57	0.84	3.68	16.25	2.16	0.97	0.75	0.37	8.20	1.15	2.91	58.47
FRCON	10.24	3.35	3.65	1.72	24.98	6.93	2.17	2.66	2.12	4.83	6.98	9.27	0.28	3.47	2.72	5.54	1.33	0.16	0.10	4.95	0.82	1.75	75.02
NLCON	3.71	3.37	3.25	2.29	2.06	28.06	3.16	3.79	4.89	7.74	3.88	4.92	2.74	5.24	1.35	2.81	3.64	0.10	0.22	5.49	6.49	0.80	71.94
GRCON	1.59	0.76	0.63	1.02	4.45	6.55	30.79	3.50	5.24	11.58	5.57	2.54	1.58	2.14	0.02	2.63	1.66	9.01	0.23	4.21	2.63	1.68	69.21
IECON	0.83	1.13	0.83	3.82	2.50	7.85	0.66	31.02	1.70	6.97	9.64	2.72	1.88	4.27	1.14	1.30	5.42	0.56	2.54	4.52	3.84	4.87	68.98
ITCON	3.57	4.24	0.94	2.48	3.70	7.87	4.21	7.09	36.96	5.92	4.35	0.59	0.50	1.59	1.00	2.01	0.49	0.35	2.02	9.22	0.77	0.15	63.04
PTCON	3.70	0.94	1.62	2.04	2.83	8.54	1.88	3.78	6.68	25.19	9.11	4.18	0.72	3.57	0.06	1.65	2.90	1.34	0.62	8.37	8.03	2.27	74.81
SPCON	2.22	3.35	2.13	3.50	2.91	5.13	2.68	9.91	2.38	7.09	29.33	1.72	0.38	3.37	0.20	3.51	2.00	0.25	0.41	5.43	2.94	9.15	70.67
ATBUS	5.89	0.60	0.96	3.90	0.91	4.40	2.66	1.58	0.49	1.19	4.04	18.56	6.09	17.84	1.58	7.45	3.68	0.15	1.00	10.21	3.10	3.73	81.44
BEBUS	2.67	1.70	2.15	4.21	0.35	5.23	5.03	1.44	1.65	0.93	2.29	9.20	12.70	16.51	2.33	7.76	4.70	0.32	0.50	10.34	3.21	4.77	87.30
GEBUS	1.71	0.51	1.45	8.69	0.42	3.31	1.57	0.66	0.94	1.38	1.67	9.57	6.80	30.54	1.44	5.87	2.83	0.67	0.48	13.17	1.32	5.00	69.46
FIBUS	0.06	3.58	0.63	6.58	0.79	4.74	2.15	2.84	0.36	0.34	3.77	7.37	5.88	10.42	24.97	5.39	7.56	0.62	1.50	4.51	0.78	5.13	75.03
FRBUS	4.30	1.57	3.59	4.91	1.95	4.18	4.54	1.28	1.06	0.94	5.44	9.77	4.40	11.62	2.65	16.52	2.63	0.24	1.20	8.32	2.92	5.97	83.48
NLBUS	0.75	0.89	1.66	3.92	0.77	5.14	4.21	3.51	2.43	2.28	3.74	6.70	5.39	13.61	2.29	7.88	11.91	1.31	2.23	7.92	6.17	5.30	88.09
GRBUS	0.25	0.66	0.48	1.83	2.53	3.39	6.51	2.99	4.16	2.21	3.52	6.51	1.78	6.47	0.64	6.92	6.04	22.06	1.31	9.10	4.60	6.03	77.94
IEBUS	2.35	1.14	2.94	2.83	0.75	4.88	3.76	6.65	0.33	1.96	3.71	5.11	3.42	9.75	1.19	6.97	6.44	1.51	19.00	7.13	3.78	4.41	81.00
ITBUS	3.78	1.27	1.96	5.30	1.91	4.45	3.94	2.28	3.08	0.62	4.00	6.28	4.39	12.70	3.28	7.38	3.31	0.14	0.54	20.79	3.74	4.86	79.21
PTBUS	1.46	0.62	2.97	6.78	0.67	5.07	4.20	2.72	2.21	2.46	5.07	5.42	3.59	8.55	1.39	7.98	5.38	0.52	0.98	7.67	16.70	7.57	83.30
SPBUS	1.24	1.14	2.60	9.91	1.00	1.36	2.77	2.87	0.89	1.21	9.02	4.58	3.53	12.02	2.96	8.36	2.52	0.19	0.69	8.36	2.63	20.17	79.83
Directional TO others	72.72	36.28	45.10	83.05	40.30	108.84	63.70	65.91	51.81	72.80	101.71	117.38	56.90	168.61	43.40	105.43	66.15	19.50	17.93	152.24	64.70	82.00
Net contribution (To-From) others	14.45	−33.96	−24.61	24.58	−34.72	36.90	−5.51	−3.07	−11.23	−2.01	31.04	35.94	−30.40	99.15	−31.62	21.95	−21.95	−58.44	−63.07	73.02	−18.60	2.17	Total connectedness = 74.38

Note:

AT, BE, FI, FR, GE, GR, IE, IT, NL, PT and SP stand for Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, The Netherlands, Portugal and Spain. CON and BUS denote consumer and business CIs. The sample is from November 1987 to February 2022

Source: Table created by authors

[ViewLarge]

Sharing Unavailable