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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.