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of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
Persistent link: https://www.econbiz.de/10012837986
The purpose of this study is to examine the relationship between globalization, Coronavirus Disease 2019 (COVID-19 … countries with higher levels of socio-economic globalization are exposed more to COVID-19 outbreak. Nevertheless, globalization … cannot explain cross-country differences in COVID-19 confirmed deaths. The fatalities of coronavirus are mostly explained by …
Persistent link: https://www.econbiz.de/10012832195
outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to … globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through … convergence of wages and growth rates. Globalization and long-run growth are either substitutes or complements depending on a …
Persistent link: https://www.econbiz.de/10014262950
explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are …
Persistent link: https://www.econbiz.de/10012824578
We study the impact of short-term exposure to ambient air pollution on the spread and severity of COVID-19 in Germany. We combine data on county-by-day level on confirmed cases and deaths with information on local air quality and weather conditions and exploit short-term variation in the...
Persistent link: https://www.econbiz.de/10012824831
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries’ imports from China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...
Persistent link: https://www.econbiz.de/10013224091
This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and significantly associated with COVID-19 human costs....
Persistent link: https://www.econbiz.de/10013239558
We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...
Persistent link: https://www.econbiz.de/10013293284
This paper analyses the impact of the Covid-19 pandemic on stock market returns and their volatility in the case of the G20 countries. In contrast to the existing empirical literature, which typically focuses only on either Covid-19 deaths or lockdown policies, our analysis is based on a...
Persistent link: https://www.econbiz.de/10013211740
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after the great financial crisis of 2008-09, the issue of trade finance reemerged as a matter of urgency. While the current pandemic-related crisis did not have a financial cause, one...
Persistent link: https://www.econbiz.de/10013243239