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Covid-19 and international trade: Evidence from New Zealand

Nitsch, Volker (2022)
Covid-19 and international trade: Evidence from New Zealand.
In: Economics Letters, 217
doi: 10.1016/j.econlet.2022.110627
Artikel, Bibliographie

Kurzbeschreibung (Abstract)

The impact of the Covid-19 pandemic on international trade varies along several dimensions, including the type of product, the size of firm and over time. In this note, I provide evidence of systematic variation in the trade response to the pandemic along another, previously unexplored dimension, the mode of transportation. Analyzing daily data from New Zealand, I find that the value of seaborne exports and imports increases relative to shipments by air during pandemic lockdowns. While this finding is consistent with many explanations, including the sensitivity of trade to external finance, it generally provides support for the importance of frictions on the supply side.

Typ des Eintrags: Artikel
Erschienen: 2022
Autor(en): Nitsch, Volker
Art des Eintrags: Bibliographie
Titel: Covid-19 and international trade: Evidence from New Zealand
Sprache: Englisch
Publikationsjahr: 2022
Titel der Zeitschrift, Zeitung oder Schriftenreihe: Economics Letters
Jahrgang/Volume einer Zeitschrift: 217
DOI: 10.1016/j.econlet.2022.110627
URL / URN: https://www.sciencedirect.com/science/article/pii/S016517652...
Kurzbeschreibung (Abstract):

The impact of the Covid-19 pandemic on international trade varies along several dimensions, including the type of product, the size of firm and over time. In this note, I provide evidence of systematic variation in the trade response to the pandemic along another, previously unexplored dimension, the mode of transportation. Analyzing daily data from New Zealand, I find that the value of seaborne exports and imports increases relative to shipments by air during pandemic lockdowns. While this finding is consistent with many explanations, including the sensitivity of trade to external finance, it generally provides support for the importance of frictions on the supply side.

Freie Schlagworte: Coronavirus, Pandemic, Lockdown, Restriction, Shipments
Fachbereich(e)/-gebiet(e): 01 Fachbereich Rechts- und Wirtschaftswissenschaften
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete > Fachgebiet Internationale Wirtschaft
Hinterlegungsdatum: 21 Jun 2022 11:15
Letzte Änderung: 21 Jun 2022 11:15
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