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Table 6 The mean value of the DCCs

From: Dynamic connectedness and hedging opportunities of the commodity and stock markets in China: evidence from the TVP-VAR and cDCC-FIAPARCH

 

Pre-COVID

Post-Covid

Russia-Ukraine war

Full-sample

LNCSI-LNCU

0.351

0.335

0.334

0.347

LNCSI-LNGOLD

0.047

0.038

− 0.009

0.045

LNCSI-LNPTA

0.252

0.223

0.211

0.245

LNCSI-LNSOY

0.13

0.043

0.058

0.111

LNCU-LNGOLD

0.249

0.167

0.231

0.231

LNCU-LNPTA

0.426

0.434

0.446

0.428

LNCU-LNSOY

0.269

0.135

0.17

0.239

LNGOLD-LNPTA

0.156

0.156

0.209

0.156

LNGOLD-LNSOY

0.117

0.038

0.116

0.099

LNPTA-LNSOY

0.203

0.073

0.128

0.174