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Gravity of Covid-19

Author

Listed:
  • Amjad Masood

    (Bahria Business School, Bahria University, Islamabad, Pakistan)

  • Junaid Ahmed

    (Westminster International University ,Tashkent and Pakistan Institute of Development Economics)

  • Inmaculada Martínez-Zarzoso

    (University of Goettingen, Goettingen, Germany and University Jaume I, Castell´on, Spain)

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 analyzed 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

  • Amjad Masood & Junaid Ahmed & Inmaculada Martínez-Zarzoso, 2022. "Gravity of Covid-19," Economics Bulletin, AccessEcon, vol. 42(1), pages 60-68.
    • Handle: RePEc:ebl:ecbull:eb-21-00925
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    Other versions of this item:

    • Masood, Amjad & Ahmed, Junaid & Martínez-Zarzoso, Inmaculada, 2021. "Gravity of Covid-19," MPRA Paper 109651, University Library of Munich, Germany.

    References listed on IDEAS

    as
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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
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

    Statistics

    Access and download statistics

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