Hot [portable]: Gdp E239 Grace

The regression analysis reveals a statistically significant negative correlation between the Grace Hot Index and the GDP of E239. For every 10-point increase in the Grace Hot Index, the immediate monthly GDP contracts by 1.2%. However, the lagged variable ($t-1$) shows a more severe contraction of 3.5%, supporting the "Grace" theory—indicating that the economic damage manifests most severely after the immediate event has passed.