Estimates of all dummy variables are statistically significant with the exception of γ i , β i ,∆ CV 19 I Oil and γ i , β i ,∆ CV 19 I Energy , although for γ i , β i ,∆ CV 19 I Oil the estimate is marginally insignificant (with a p -value equal to 0.1374).
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The COVID-19 storm and the energy sector: The impact and role of uncertainty.
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Jennrich test statistics are highly significant confirming that the factor analytic augmentation accounts for information relegated to the residuals of eqs.