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Implications of COVID-19 Pandemic on the Global Trade Networks

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  • C. T. Vidya
  • K. P. Prabheesh

Abstract

This article measures the trade interconnectedness among countries before and after the COVID-19 outbreak, and forecasts the future direction of trade. Using Trade Network Analysis and Artificial Neural Networks, our findings show that: (1) There is a drastic reduction in trade interconnectedness, connectivity, and density among countries after the COVID-19 outbreak. (2) There is a visible change in the structure of trade-network (3) China’s ‘center’ position in the trade network is not affected by the pandemic. (4) There will be a drastic decline in trade of most of the economies until December 2020.

Suggested Citation

  • C. T. Vidya & K. P. Prabheesh, 2020. "Implications of COVID-19 Pandemic on the Global Trade Networks," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 56(10), pages 2408-2421, August.
    • Handle: RePEc:mes:emfitr:v:56:y:2020:i:10:p:2408-2421
    DOI: 10.1080/1540496X.2020.1785426
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