This paper examines which product supply-side characteristics affect the resilience of traded products to the COVID-19 pandemic. Relying on monthly product-level exports by all countries to the United States, Japan, and 27 European Union countries from January 2018 to December 2020, the paper...

This joint work by the Bundesbank, the Banque de France and the Banco de España highlights some of the numerous channels through which Brexit will affect the UK economy and its economic partners. In particular, it focuses on trade and migration channels, adding a more general assessment of...

This paper investigates the effects of the 1997-98 El Niño floods on Ecuadorian firms’ production efficiency, measured by quantity-based total factor productivity (TFP-Q). The floods, which led to firm exit and shrunk production, reduced the TFP-Q of highly productive firms and of exporting...

This paper examines which product supply-side characteristics affect the resilience of traded products to the COVID-19 pandemic. Relying on monthly product-level exports by all countries to the United States, Japan, and 27 European Union countries from January 2018 to December 2020, the paper...

This paper studies the effects of FDI liberalization on domestic downstream firms’ technology upgrading through two main mechanisms. Domestic final good producers might benefit from horizontal and vertical FDI technological spillovers. These effects can be unequal across domestic firms...

We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...

We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...