International Trade Spillovers from Domestic COVID-19 Lockdowns /

International Trade Spillovers from Domestic COVID-19 Lockdowns /

While standard demand factors perform well in predicting historical trade patterns, they fail conspicuously in 2020, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import demand model in 2020 vary systematically with the health prepare...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Aiyar, Shekhar
Awduron Eraill: Malacrino, Davide, Mohommad, Adil, Presbitero, Andrea.
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2022.
Cyfres:IMF Working Papers; Working Paper ; No. 2022/120
Pynciau:
Empirical Studies of Trade
Globalization
Health
Public Health
Regulation
Mynediad Ar-lein:Full text available on IMF
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100 1 |a Aiyar, Shekhar. 
245 1 0 |a International Trade Spillovers from Domestic COVID-19 Lockdowns /  |c Shekhar Aiyar, Davide Malacrino, Adil Mohommad, Andrea Presbitero. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a While standard demand factors perform well in predicting historical trade patterns, they fail conspicuously in 2020, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import demand model in 2020 vary systematically with the health preparedness of trade partners, suggesting that pandemic-response policies have international spillovers. Bilateral product-level data covering about 95 percent of global goods trade reveals sizable negative international spillovers to trade from supply disruptions due to domestic lockdowns. These international spillovers accounted for up to 60 percent of the observed decline in trade in the early phase of the pandemic, but their effect was shortlived, concentrated among goods produced in key global value chains, and mitigated by the availability of remote working and the size of the fiscal response to the pandemic. 
538 |a Mode of access: Internet 
650 7 |a Empirical Studies of Trade  |2 imf 
650 7 |a Globalization  |2 imf 
650 7 |a Health  |2 imf 
650 7 |a Public Health  |2 imf 
650 7 |a Regulation  |2 imf 
700 1 |a Malacrino, Davide. 
700 1 |a Mohommad, Adil. 
700 1 |a Presbitero, Andrea.. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2022/120 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=120  |z IMF e-Library 

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