Research Article

Analysis of the Government and Capital Market’s Response to Normalized Epidemic Prevention and Control Based on the Development of Smart Health Care

Table 4

Regression results of the emergency response mechanism, the emergency response effect, and investor sentiments.

Variable(1) Ajygs(3) Ajygs(5) Ajygs

FC0.018 (4.05)0.017 (3.95)
NCs0.021 (2.77)0.020 (2.63)
Date−0.000 (−0.12)0.000 (0.81)0.000 (0.77)
GDP−0.421 (−18.13)−0.406 (−17.65)−0.418 (−18.03)
Size−0.228 (−11.76)−0.246 (−12.96)−0.230 (−11.84)
Lev0.134 (1.05)0.128 (1.00)0.143 (1.12)
Tax0.110 (4.99)0.135 (6.48)0.108 (4.90)
AnnualControlControlControl
Constant term (math.)21.690 (15.87)20.086 (13.93)20.461 (14.17)
Sample size10,89110,89110,891
Pseudo R20.08650.08610.0869

Note: t-statistics in parentheses; , , and indicate significant at 1%, 5%, and 10% levels, respectively.