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Table 3 Descriptive properties of the time-varying parameters

From: The time-varying effects of oil prices on oil–gas stock returns of the fragile five countries

  Mean SE Minimum   Maximum  
Brazil
\({\beta }_{m,t}\) 1.061 0.372 0.398 24/09/1998 1.853 15/04/2015
\({\beta }_{oil,t}\) 0.163 0.099 − 0.052 13/11/1997 0.327 01/11/2017
\({\beta }_{er,t}\) − 0.051 0.176 − 0.374 11/09/1998 0.453 27/10/1997
India
\({\beta }_{m,t}\) 0.889 0.190 0.495 11/02/2000 1.122 23/01/2004
\({\beta }_{oil,t}\) 0.010 0.025 − 0.033 17/05/2006 0.058 19/06/1997
\({\beta }_{er,t}\) − 0.141 0.128 − 0.451 03/04/2000 0.075 02/01/2004
Indonesia
\({\beta }_{m,t}\) 0.976 0.348 0.338 05/11/2002 1.837 27/10/1999
\({\beta }_{oil,t}\) 0.069 0.241 − 0.743 01/04/1999 0.406 05/09/1996
\({\beta }_{er,t}\) − 0.433 0.464 − 2.029 09/06/1999 0.394 22/08/2013
South Africa
\({\beta }_{m,t}\) 1.108 0.109 0.884 23/03/2001 1.385 10/09/1998
\({\beta }_{oil,t}\) 0.227 0.090 − 0.002 07/06/1996 0.384 17/01/2020
\({\beta }_{er,t}\) 0.273 0.159 0.090 26/09/2011 0.635 03/02/1997
Turkey
\({\beta }_{m,t}\) 0.873 0.098 0.750 25/03/2010 1.219 07/06/1996
\({\beta }_{oil,t}\) 0.054 0.081 − 0.114 08/02/2002 0.167 03/08/2011
\({\beta }_{er,t}\) 0.069 0.143 − 0.107 21/01/2008 0.438 13/08/2018