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The Covid-19 pandemic and European trade flows : evidence from a dynamic panel model
Caporale, Guglielmo Maria; Sova, Anamaria Diana; Sova, … - 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/10013285828
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The trade impact of the Covid-19 pandemic
Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021
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/10012533941
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The evolution of offshore renminbi trading : 2016 to 2019
Cheung, Yin-Wong; Grimm, Louisa; Westermann, Frank - 2020
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...
Persistent link: https://www.econbiz.de/10012234514
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The impact of US trade sanctions on the global trade of target countries : do the political institutions of the targets matter?
Dizaji, Sajjad Faraji; Farzanegan, Mohammad Reza - 2024
We investigate the effects of US-imposed trade sanctions on the global trade patterns of sanctioned countries by employing a gravity model that incorporates data spanning from 1980 to 2020 across 79 nations. The results reveal that both partial and complete US sanctions lead to significant...
Persistent link: https://www.econbiz.de/10014464169
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Staggered difference-in-differences in gravity settings : revisiting the effects of trade agreements
Nagengast, Arne J.; Yotov, Yoto - 2023
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
Persistent link: https://www.econbiz.de/10014431432
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Economy wide impact of the trade integration between Japan and India : a computable general equilibrium analysis
Bhattacharyay, Biswanath; Mukhopadhyay, Kakali - 2013
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The …, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … India and Japan in 2020 after tariff reduction compared to Business as Usual (BAU) scenario. A marginal export growth is …
Persistent link: https://www.econbiz.de/10010227205
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A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model
Chudik, Alexander; Mohaddes, Kamiar; Pesaran, M. Hashem; … - 2020
observations. Our results show that the Covid-19 pandemic will lead to a significant fall in world output that is most likely long …
Persistent link: https://www.econbiz.de/10012293790
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The international transmission of monetary policy
Buch, Claudia M.; Bussière, Matthieu; Goldberg, Linda S.; … - 2018
transmission of monetary policies of the U.S., euro area, Japan, and United Kingdom. Two other studies use international data with …
Persistent link: https://www.econbiz.de/10011877813
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Oil trade and climate policy : presented at CESifo Area Conference on Energy and Climate Economics, October 2014
Curuk, Malik; Sen, Suphi - 2015
It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
Persistent link: https://www.econbiz.de/10010498602
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How resilient was trade to Covid-19?
Bas, Maria; Fernandes, Ana; Paunov, Caroline - 2022
on monthly exports at the product level by all countries to the United States, Japan, and all 27 European Union countries …
Persistent link: https://www.econbiz.de/10013167964