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Gravity of Covid-19

Author

Listed:
  • Masood, Amjad
  • Ahmed, Junaid
  • Martínez-Zarzoso, Inmaculada

Abstract

In this study, we analyze the impact of the Covid-19 pandemic on bilateral trade using monthly data from January to June 2020. Imports of the OECD member states are analysed using a structural gravity model of trade estimated with the Poisson pseudo maximum likelihood estimator. The analysis is conducted for total imports and for fruit and vegetables. Our findings show a significantly negative impact of the pandemic on both import measures, which is more pronounced for the perishable goods than for aggregate imports.

Suggested Citation

  • Masood, Amjad & Ahmed, Junaid & Martínez-Zarzoso, Inmaculada, 2021. "Gravity of Covid-19," MPRA Paper 109651, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:109651
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    More about this item

    Keywords

    Covid-19; Bilateral Trade; Structural Gravity; PPML; OECD;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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    This paper has been announced in the following NEP Reports:

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