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| Amjad Masood, Junaid Ahmed and Inmaculada Martínez-Zarzoso |
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| ''Gravity of Covid-19'' |
| ( 2022, Vol. 42 No.1 ) |
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| 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. |
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| Keywords: Covid-19; Bilateral Trade; Structural Gravity; PPML; OECD |
JEL: F1 - Trade: General
F4 - Macroeconomic Aspects of International Trade and Finance: General |
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| Manuscript Received : Oct 01 2021 | | Manuscript Accepted : Feb 20 2022 |
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