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The (Structural) Gravity of Epidemics
Cuñat, Alejandro; Zymek, Robert - 2020
Epidemiological models assume gravity-like interactions of individuals across space without microfoundations. We … of people across space obey a structural gravity equation. By means of an application to data from Great Britain we show … that our structural-gravity framework: provides a rationale for quarantines; offers a clear mapping from observed geography …
Persistent link: https://www.econbiz.de/10012219352
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The (structural) gravity of epidemics
Cuñat, Alejandro; Zymek, Robert - In: European economic review : EER 144 (2022), pp. 1-12
Persistent link: https://www.econbiz.de/10013348888
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Bill of Lading Data in International Trade Research with an Application to the COVID-19 Pandemic
Flaaen, Aaron; Haberkorn, Flora; Lewis, Logan T.; … - 2021
We evaluate high-frequency bill of lading data for its suitability in international trade research. These data offer many advantages over both other publicly accessible official trade data and confidential datasets, but they also have clear drawbacks. We provide a comprehensive overview for...
Persistent link: https://www.econbiz.de/10013323437
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Improving the Short-Term Forecast of World Trade During the COVID-19 Pandemic Using Swift Data on Letters of Credit
Carton, Benjamin; Hu, Nan; Mongardini, Joannes; Moriya, Kei - 2021
An essential element of the work of the Fund is to monitor and forecast international trade. This paper uses SWIFT messages on letters of credit, together with crude oil prices and new export orders of manufacturing Purchasing Managers' Index (PMI), to improve the short-term forecast of...
Persistent link: https://www.econbiz.de/10013252036
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Trade in times of uncertainty
Matzner, Anna Hilda; Meyer, Birgit; Oberhofer, Harald - 2023
and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10013550200
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Trade in times of uncertainty
Matzner, Anna; Meyer, Birgit; Oberhofer, Harald - 2023
and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10014233567
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The elasticity of trade: Estimates and evidence
Simonovska, Ina; Waugh, Michael E. - 2011
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10010274793
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Building bridges : bilateral manager connections and international trade
Hoch, Felix; Rudsinske, Jonas - 2021
We investigate whether top managers with personal ties to a foreign country facilitate trade with that country by overcoming bilateral trade barriers that obstruct international business relationships. Using individual managers' nationality, we construct a novel database of bilateral top manager...
Persistent link: https://www.econbiz.de/10012792255
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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 …
Persistent link: https://www.econbiz.de/10012533941
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Trade in the time of corona : broken chains and mended barriers
Mendoza, Adrian R. - 2020
In light of the unprecedented mutation of the COVID-19 pandemic into a global economic recession, the WTO projects world trade volume to plummet by a staggering 13 percent to 32 percent in 2020. This translates to large-scale losses in global output and employment, especially in trade-oriented...
Persistent link: https://www.econbiz.de/10012203704