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World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as...
Persistent link: https://www.econbiz.de/10013250078
Within a few short weeks, the COVID-19 pandemic has accomplished what multiple wars (hot and cold) failed to achieve over the past 75 years: massive simultaneous disruptions of international and local supply chains.Policymakers operating at the base of Maslow's hierarchy of needs understandably...
Persistent link: https://www.econbiz.de/10012835021
This paper presents new high frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The dataset reveals a rapid...
Persistent link: https://www.econbiz.de/10014090232
This study uses trade data from Switzerland's Federal Customs Administration to examine the impact of Covid-19 on international goods trade between January and July 2020. We show that Swiss trade during that period fell by 11% compared to 2019 and that the contraction following the "Federal...
Persistent link: https://www.econbiz.de/10012392690
This paper compares drivers of full COVID-19 vaccinations and booster doses across U.S. counties. Booster doses are contingent upon someone receiving the primary doses, and the risk attitudes and propensities to get vaccinated may be different across individuals, along with the supply chain...
Persistent link: https://www.econbiz.de/10014313479
In times of crises, democracies face the challenge of balancing effective interventions with civil liberties. This study examines German states' response during the early stages of the COVID-19 pandemic, focusing on the interplay between civil liberties and public health goals. Using state-level...
Persistent link: https://www.econbiz.de/10014450777
This paper uses granular customs data from France to investigate propagation of the COVID-19 shock along the supply chains in 2020. It quantifies the effect of the COVID-19 shock on trade adjustment and identifies mitigating and amplifying factors contributing to French firms’ heterogeneous...
Persistent link: https://www.econbiz.de/10014083506
We investigate the role of global value chains in the declines of manufacturing employment and output in the U.S. during COVID-19. Specifically, we identify the role of global value chains by exploiting heterogeneity across industries in cross-country sourcing patterns and its interaction with...
Persistent link: https://www.econbiz.de/10013219613
Objective The present article discusses changes in tariff and non-tariff restrictions applied in World Trade Organization (WTO) countries during the COVID-19 pandemic. Methods The employed research tools were a review and analysis of literature along with source statistical data of WTO, UNCTAD,...
Persistent link: https://www.econbiz.de/10015130581
We investigate the role supply chain disruptions during the COVID-19 pandemic played in U.S. producer price index (PPI) inflation. We exploit pre-pandemic cross-industry variation in sourcing patterns across countries and interact it with measures of international supply chain bottlenecks during...
Persistent link: https://www.econbiz.de/10013306524