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The globalization of COVID-19 pandemic is en route to produce a chain of economic impacts worldwide through distortions in global trade and supply chain. The globalization of production and trade shocks in relation to China generate substantial threat to world trade. The aim of this paper is to...
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The globalization of COVID-19 pandemic and its economic impacts is set to run havoc across all economies in the world, throwing many into recession and possibly economic depression. As the numbers of infected and death cases rise sharply and recovery from the pandemic remains uncertain even in...
Persistent link: https://www.econbiz.de/10012838105
The COVID-19 pandemic is producing significant economic and social cost globally. As a cure or a treatment is yet unavailable, strict social distancing is considered the key way to prevent it. Amid all negatives, one benefit of the pandemic being discussed is the reduction in air pollution,...
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"The authors estimate the impact of global merchandise trade distortions and services regulations on agricultural value added in various countries. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the GTAP-AGR model of the global economy, their results suggest...
Persistent link: https://www.econbiz.de/10010522159
We provide economy-wide modeling results of the national and regional implications of two current challenges facing the Australian wine industry: a decline in export demand for premium wines, and a possible change in the tax on domestic wine sales following the Henry Review of Taxation. The...
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