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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/10012219663
distancing, incentives to comply, vaccination and the emergence of new variants. Evidence based on panel data modeling indicates …
Persistent link: https://www.econbiz.de/10013202378
The risk of recurrent outbreaks following the main waves of a pandemic has been acknowledged. We provide evidence of … the stochastic process of mortality rates after the main pandemic waves of two historical pandemics across multiple …
Persistent link: https://www.econbiz.de/10012698777
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
), which also includes the Global Financial Crisis (GFC) of 2007-2009, in order to compare the trade impact of two different …
Persistent link: https://www.econbiz.de/10013285828
survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are … sources of inputs. Over and above their capabilities, global engagement cushions firms against shocks. Policymakers could … therefore facilitate global linkages by providing information on potential markets and products, by making production flexible …
Persistent link: https://www.econbiz.de/10013183698
Covid-19. We show that there exist threshold effects in the relationship between output growth and excess global volatility … rates, oil prices, exchange rates and equity returns to perform counterfactual analyses. We distinguish common global … 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
The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production … 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/10012194678
This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...
Persistent link: https://www.econbiz.de/10012625628
Decisions on public health measures to contain a pandemic are often based on parameters such as expected disease burden and additional mortality due to the pandemic. Both pandemics and non-pharmaceutical interventions to fight pandemics, however, produce economic, social, and medical costs. The...
Persistent link: https://www.econbiz.de/10013453602