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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 emerging economies such as the Philippines. Recovering from this … severity of the global recession, and the ability of world leaders to come up with a coordinated policy response. This paper …
Persistent link: https://www.econbiz.de/10012629030
The rapid global spread of Coronavirus Disease 2019 has changed the world. While a massive effort is under way to …
Persistent link: https://www.econbiz.de/10013554740
rates all around the world on the domestic inflation, real consumption, and the allocation of labor of a particular country … freights in the rest of the world. To identify the transportation costs shocks in the model, I estimate trade elasticities to …
Persistent link: https://www.econbiz.de/10013460109
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10013285828
This report discusses the economic impact of the Coronavirus/COVID-19 crisis across industries, and countries. It also …
Persistent link: https://www.econbiz.de/10012703975
The current study focuses on India's impressive merchandise export performance during the pandemic, as well as the country's performance in COVID-19-related products. As per the forecasting performed by employing ARIMA model. It was found that India’s export earning in FY 2021-22 is in-fact...
Persistent link: https://www.econbiz.de/10013298187
In this paper, we estimated the standard (macro-economic) import equation over the period 1995-2021Q2, using an import intensity-adjusted measure of aggregate demand (IAD) calculated from input-output tables at country level, and compared the results with regressions using GDP. Initially...
Persistent link: https://www.econbiz.de/10013198184
We examine the role of demand composition in explaining the trade collapse and recovery during the ongoing covid-19 crisis. We apply an import-intensity-adjusted measure of demand to examine import trends in 40 advanced and emerging economies over the period 1Q95 to 4Q20. We focus on the crisis...
Persistent link: https://www.econbiz.de/10012649491
Persistent link: https://www.econbiz.de/10013534272
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990's to 1:1 since 2012) A debate has arisen as to whether this global trade...
Persistent link: https://www.econbiz.de/10011635156