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Table 3 QQ estimates for shipping freight and COVID-19

From: The dynamic interaction between COVID-19 and shipping freight rates: a quantile on quantile analysis

Quantile Coefficients BDI BDI.D1 BDI.D2 BTC.D3 BDTI BDTI.D1 BDTI.D2 BDTI.D3 BCTI BCTI.D1 BCTI.D2 BCTI.D3
1      2      3   
0.05 0.0092 0.0777 − 0.3259 − 0.0921 − 0.0026 0.3109 0.1070 2.2428 − 0.0025 − 2.6937 − 4.8370 − 3.9226
0.10 0.0013 − 0.1597 0.1810 − 0.0451 − 0.0127 0.6349 0.0415 2.5658 0.0062 − 0.2808 − 1.6397 − 4.0189
0.15 0.0021* − 0.0906 0.2664 − 0.0397 − 0.0167 0.3282 0.0245 2.6932 0.006 − 0.1925 − 1.1221 − 4.0154
0.20 − 0.0017 − 0.0909 0.2782 − 0.0592* − 0.0180 0.2312 0.0157 2.9781 0.0065 − 0.1935 − 0.1520 − 3.5659
0.25 − 0.0094 − 0.1094 − 0.003 − 0.1051 − 0.0185 0.1137 0.0159 2.9616 0.0057 − 0.0571 − 0.0905 − 2.2985
0.30 − 0.0046 − 0.0218 0.0017* − 0.1324 − 0.0225 0.2366 − 0.0004 2.8018 0.0058 − 0.3786 − 0.0835 − 1.3751*
0.35 − 0.0009 − 0.0213 − 0.0047 − 0.1779 − 0.0216 0.2806 − 0.0111 2.6709 0.0078 − 0.3571 − 0.0712 − 1.4384
0.40 − 0.0006 − 0.0007 0.0038 − 0.2498 − 0.0226 0.2046 − 0.0083 2.4942 0.0182 − 0.4380 − 0.0586 − 0.9207
0.45 0.0012 0.0203 0.0128 − 0.3255 − 0.0163 0.0634 − 0.0076 2.5352 0.0244 − 0.2737 − 0.0559 − 0.8745
0.50 0.0042 − 0.0108 0.0204 − 0.3873 − 0.0164 0.0658 0.0208 2.1545 0.0161 − 0.2135* − 0.0508 − 0.9466
0.55 0.0032 0.0086 0.0445 − 0.4468 − 0.0112* 0.0735* 0.0357 1.5066 0.0178 − 0.1343* − 0.0307* − 0.7458
0.60 0.0029 0.0523* 0.0473 − 0.4899 − 0.0150 0.0560 0.2282 0.1604 0.0206 − 0.0705* − 0.0446* − 0.7036
0.65 0.0019* 0.0657* 0.0562 − 0.5143 − 0.0172 0.0335 1.0092 0.0858* 0.0196 − 0.0313* − 0.0647* 0.1103
0.70 − 0.0003 0.1485* 0.0461 − 0.5531 − 0.0141 0.0559 1.1728 0.0707* 0.0202 0.3816 − 0.0459* − 0.0545*
0.75 − 0.0013 0.1407* 0.0479 − 0.5471 − 0.0111 0.3730 1.9275* 0.0883 0.0246* 0.5317 − 0.0833* − 0.2979
0.80 − 0.0002 0.0697* 0.0608* − 0.5794* 0.0074 0.3955* 4.3363* 0.0658 0.0261* 2.5522 0.1129 − 0.4026
0.85 − 0.0002 − 0.1323 − 0.0510 − 0.5791 − 0.0108* 0.6767 8.9613 0.1023 0.0302 3.0445 0.9970 − 0.4338
0.90 − 0.0167 0.2793 − 0.7114 − 0.5897 − 0.0270 1.0279 8.4360 0.1507 0.0395 − 2.2483 1.3084 − 0.4304
0.95 − 0.0004 3.8023 0.5131 − 0.5585 − 0.0313 − 0.5925 15.3024 0.2510 0.0463 − 102.928 17.6509 − 0.3105
  1. Note: * denotes the significance level. D1, D2, and D3 denote the decomposed data for the short, medium and long run, respectively.