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COVID-19 has raised questions about the resilience of agri-food trade to global shocks to the system. This paper analyses the changes in agri-food trade (values, extensive and intensive margin, and diversification) during the pandemic at global and regional levels. It also considers parallels in...
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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 …
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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...
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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 … severity of the global recession, and the ability of world leaders to come up with a coordinated policy response. This paper … suggests that the country could lose up to US$31 billion export revenues this year due to the COVID-19 crisis. Merchandise …
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