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Economy-wide shocks affect demand, supply, and intermediary sectors simultaneously. We dissect the impact of the Covid-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and container ship port calls. We find that local disruptions...
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trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from …%. The difference is mainly accounted for by unexpected reductions in frictions in the container shipping market. …
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