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This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …
Persistent link: https://www.econbiz.de/10012833536
The paper uses Google mobility data to identify the determinants of social distancing during the 2020 COVID-19 outbreak. The findings for the United States indicate that much of the decrease in mobility is voluntary, driven by the number of COVID-19 cases and proxying for greater awareness of...
Persistent link: https://www.econbiz.de/10012834265
applies not just to the vulnerable in the rich world; the vulnerable in the rest of the world are not more immune. Yet … inequality creates the impression that the world is subjected to two different pandemics in terms of their impact. This paper … yet to run its course through the age distributions of the world …
Persistent link: https://www.econbiz.de/10012832606
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world …
Persistent link: https://www.econbiz.de/10012936149
The Internet has transformed the way countries trade by reducing the costs of exporting. This paper quantifies the impact of Internet adoption on international trade. It shows that the Internet has a positive, nuanced, impact on international trade: bilateral exports are more affected when...
Persistent link: https://www.econbiz.de/10012968215
Climate change damage (or, more correctly, impact) functions relate variations in temperature (or other climate variables) to economic impacts in various dimensions, and are at the basis of quantitative modeling exercises for the assessment of climate change policies. This document provides a...
Persistent link: https://www.econbiz.de/10012968733
sizes around the world. The case of pallets is examined to illustrate the impact of multiplicity of standards on trade costs …. We select this case because pallets are used all around the world, pallet standards are not too sophisticated, and data … because of the lack of rental and exchange pallet markets. To mitigate the costs of this multiplicity of standards, the World …
Persistent link: https://www.econbiz.de/10012971036
the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …
Persistent link: https://www.econbiz.de/10012973755
Services trade constitute roughly one-third of trade on a value added basis, and much of this is concentrated in margin services (transport, logistics) linked to trade in goods. However, producer services are also part of the value added contained in traded goods. This is especially true in high...
Persistent link: https://www.econbiz.de/10012974434