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World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in … the supply and demand channels in trade by quantifying the causal effect of supply spillovers from lockdowns. We utilize a … novel dataset of daily bilateral seaborne trade, and design a shift-share identification strategy that leverages geography …
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immediately following the initial COVID-19 shock. While US firms saw a reduction in imports due to Covid-related trade disruptions … import transactions, we ask this question in the context of the large trade disruption faced by US importers in the months … also see similar effects of PPP preserving job growth at the county level even as the trade shock takes a negative toll on …
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markets. Others have variously blamed supply chain disruptions, shortages of certain inputs, OPEC's oil price increases, labor … market disruptions because of COVID, and rising profit margins obtained through exercise of pricing power. We conclude that …
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