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Healthcare Products Trade and External Shocks : The US-China Trade War and COVID-19 Pandemic

Mikic, Mia - 2020

In 2019 and the early months of 2020, global trade faced two major albeit very different shocks, namely the United States-China trade war and the cascading response of the countries around the world to the COVID-19 pandemic. While the former situation involved a pair of centrally-placed trading...

Persistent link: https://www.econbiz.de/10012828361

6 1/2 Decades of Global Trade and Income : 'New Normal' or 'Back to Normal' after GTC and GFC?

Rumbaugh, Thomas - 2016

Global merchandise trade expanded rapidly over the last 6 1/2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...

Persistent link: https://www.econbiz.de/10012977826

Output Volatility, Composition of Trade, and Transmission of Economic Shocks Across Countries

Karim, Ridwan - 2017

In this paper we investigate how supply and demand shocks in one country affect output volatility in other countries. While the evidence for cross-country transmission of demand shocks is mixed, we find that volatile supply in one country leads to larger imports and output volatility in other...

Persistent link: https://www.econbiz.de/10012960182

International Prices, Monetary and Income Shocks : A SVAR Model of the External Trade Channel in African Economies

Assoumou-Ella, Giscard - 2017

intensity of this exposure depends on the transmission channel, type of external shock, specialization of each country and … domestic public policies. All the countries of the sample are at least exposed to one international shock. 13 countries are … exposed to real GDP OECD per capita shock, 10 countries to harmonized inflation in OECD countries. Of 7 countries that export …

Persistent link: https://www.econbiz.de/10012963199

Propagation of changes in demand through international trade : case study China

Andritzky, Jochen; Kassner, Bernhard; Reuter, Wolf Heinrich - 2016

strong indirect effects that exceed by far the initial shock from direct trade links, reflecting China's integration into a …

Persistent link: https://www.econbiz.de/10011654218

International Trade and Risk Sharing in the Global Rice Market : The Impact of Foreign and Domestic Supply Shocks

Jha, Shikha - 2013

In recent years, rising food prices have returned as a concern for policy makers especially in developing countries. In this context, this paper examines how supply shocks, both domestic and foreign, have mattered to imports and consumption in the global rice market over 1960-2010. Such an...

Persistent link: https://www.econbiz.de/10013076448

Trade Effects of a Negative Export Shock on Direct Exporters and Wholesalers

Juust, Mathias - 2021

This paper examines the effects on the exports of Estonian firms of the Russian export shock of 2014, which was a … multifaceted negative market-wide income shock. The dataset covers all the Estonian exporters that exported to Russia in 2013 and … better export performance after the shock than direct exporters were. The trade performance after the shock was lower for …

Persistent link: https://www.econbiz.de/10013313436

The Trade Impact of China on EMU : is it Even Across Members?

Mikkelsen, Uffe - 2012

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...

Persistent link: https://www.econbiz.de/10013098585

International trade in the wake of multiple shocks : OECD global trade monitor

OECD - 2023

In the midst of the recovery from the COVID-19 pandemic, trade and economic growth face new challenges as the Russian Federation’s large-scale war against Ukraine has increased uncertainty and tensions along supply chains and the People’s Republic of China’s trade performance has fallen...

Persistent link: https://www.econbiz.de/10014491268

Exchange rate and price dynamics in a small open economy : the role of the zero lower bound and monetary policy regimes

Bäurle, Gregor; Kaufmann, Daniel - 2014

level to a temporary risk premium shock are larger and more persistent when the ZLB is binding. Our theoretical discussion …

Persistent link: https://www.econbiz.de/10010495243