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The Trade Impact of the COVID-19 Pandemic

Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021

China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China …-19 deaths in the main trading partners of a country (excluding China) induces more imports from China, partially … are evaluated at their 2020 mean is, on average, a reduction of nearly 10% in imports from China. There is also …

Persistent link: https://www.econbiz.de/10013224091

The COVID-19 Pandemic and European Trade Flows : Evidence from a Dynamic Panel Model

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2022

This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...

Persistent link: https://www.econbiz.de/10014080051

The COVID-19 Pandemic and European Trade Patterns : A Sectoral Analysis

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2022

This paper examines how the Covid-19 pandemic affected European trade patterns. Specifically, dynamic panel data models are estimated to assess the effects on exports and imports of various sectors and products (selected on the basis of their trading volume or strategic importance) of the...

Persistent link: https://www.econbiz.de/10014241202

Exititis in the UK : Gravity Estimates in the Aftermath of Brexit

Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2021

The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its ‘Global Britain’ strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan,...

Persistent link: https://www.econbiz.de/10013212259

International Trade and Social Connectedness

Bailey, Michael - 2020

We use anonymized data from Facebook to construct a new measure of the pairwise social connectedness between 180 countries and 332 European regions. We find that two countries trade more with each other when they are more socially connected and when they share social connections with a similar...

Persistent link: https://www.econbiz.de/10012834994

Arming in the Global Economy : The Importance of Trade with Enemies and Friends

Garfinkel, Michelle Robin - 2019

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...

Persistent link: https://www.econbiz.de/10012892081

Trade Costs, Market Access and Economic Geography : Why the Empirical Specification of Trade Costs Matters

Bosker, Erik Maarten; Garretsen, Harry - 2021

Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...

Persistent link: https://www.econbiz.de/10013316892

International Trade and Stable Resolutions of Resource Disputes

Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2022

We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset ﬁrst arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...

Persistent link: https://www.econbiz.de/10014243081

How Resilient Was Trade to COVID-19?

Bas, Maria; Fernandes, Ana Margarida; Paunov, Caroline - 2022

We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China … between exporter and importer countries. Higher reliance on foreign inputs, on China as input supplier, on unskilled labor and …

Persistent link: https://www.econbiz.de/10013293284

Working from Home in European Countries Before and During the COVID-19 Pandemic

Jerbashian, Vahagn; Vilalta-Bufí, Montserrat - 2022

We use data from the EU Labour Force Survey for 8 countries and document the levels of working from home in the sample countries, industries, and occupations in the 2011-2019 period and its changes in 2020, the year when the COVID-19 pandemic started. We show that there are significant...

Persistent link: https://www.econbiz.de/10014077002