An anatomy of the impact of COVID-19 on the global and intra-Commonwealth trade in goods
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Other documents of the author: Khorana, Sangeeta; Martinez-Zarzoso, Inmaculada; Salamat, Ali
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Show full item recordcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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INVESTIGACIONMetadata
Title
An anatomy of the impact of COVID-19 on the global and intra-Commonwealth trade in goodsDate
2023Publisher
WileyISSN
0965-7576; 1467-9396Bibliographic citation
KHORANA, Sangeeta; MARTÍNEZ‐ZARZOSO, Inmaculada; ALI, Salamat. An anatomy of the impact of COVID‐19 on the global and intra‐Commonwealth trade in goods. Review of International Economics, 2023, 31, 2, p. 550-579Type
info:eu-repo/semantics/articlePublisher version
https://onlinelibrary.wiley.com/doi/full/10.1111/roie.12637Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
This article employs gravity modeling to examine the effect of COVID-19 on global and intra-Commonwealth trade. It uses bilateral monthly exports, number of COVID-19 cases and deaths and the stringency of measures. ... [+]
This article employs gravity modeling to examine the effect of COVID-19 on global and intra-Commonwealth trade. It uses bilateral monthly exports, number of COVID-19 cases and deaths and the stringency of measures. The main novelty is the use of price indices as proxies for multilateral resistance terms, which allow us to identify, supply, and demand effects of COVID-19 on bilateral trade. The incidence of COVID-19 impacts Commonwealth trade flows, the effect varies with the development level. High numbers of COVID-19 cases, including deaths, in low-income importers reduced Commonwealth exports unlike high-income importers that show higher exports. The incidence of COVID in an exporters' neighbouring countries impacted trade and restrictions in high-income countries increased Commonwealth trade. Short-term trends project a negative change in both exports and imports of Commonwealth countries. [-]
Is part of
Review of International Economics, 2023, 31, 2Funder Name
Ministerio de Ciencia e Innovación | University Jaume I
Project code
PID2020-114646RB-C42 | MCIN-AEI/ 10.13039 / 501100011033 | UJI-B2020-57
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info:eu-repo/semantics/openAccess
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- ECO_Articles [697]
Except where otherwise noted, this item's license is described as This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and repro-duction in any medium, provided the original work is properly cited.
© 2022 The Authors.Review of International Economicspublished by John Wiley & Sons Ltd.