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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. (Publisher's Version)
In: Darmstadt Discussion Papers in Economics, 243, Darmstadt, ISSN 1438-2733,
DOI: 10.26083/tuprints-00021437,
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Item Type: Report
Status: Publisher's Version
Title: Covid-19 and International Trade: Evidence from New Zealand
Language: English
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.

Series: Darmstadt Discussion Papers in Economics
Series Volume: 243
Place of Publication: Darmstadt
Collation: 14 ungezählte Seiten
Classification DDC: 300 Sozialwissenschaften > 330 Wirtschaft
Divisions: 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > International Economics
Date Deposited: 30 May 2022 12:03
Last Modified: 30 May 2022 12:04
DOI: 10.26083/tuprints-00021437
URN: urn:nbn:de:tuda-tuprints-214375
Additional Information:

JEL Code: F14; I18

Keywords: coronavirus; pandemic; lockdown; restriction; shipments

URI: https://tuprints.ulb.tu-darmstadt.de/id/eprint/21437
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