COVID‐19 and the distance effect-Reference-Cited by-同舟云学术

COVID‐19 and the distance effect

Published:2023-08-25 Issue: Volume: Page:
ISSN:0378-5920
Container-title:The World Economy
language:en
Short-container-title:World Economy

Author:

Lin Faqin¹²^ORCID,Liu Mengxun¹^ORCID,Zhou Mohan³

Affiliation:

1. College of Economics and Management China Agricultural University Beijing China

2. Academy of Global Food Economics and Policy China Agricultural University Beijing China

3. School of Economics Zhejiang University Hangzhou China

Abstract

AbstractUsing nearly 200 countries' bilateral trade data and the gravity equation, this paper provides evidence that COVID‐19 has led countries to trade more with their closer countries. The negative distance effect is greater during the pandemic period, with a greater number of infected cases, deaths or stricter control policies. A simple model of a transportation sector that was affected by the pandemic was built to explain our empirical findings.

Funder

National Natural Science Foundation of China

National Office for Philosophy and Social Sciences

Publisher

Wiley

Subject

Political Science and International Relations,Economics and Econometrics,Finance,Accounting

Link

https://onlinelibrary.wiley.com/doi/pdf/10.1111/twec.13479

Reference29 articles.

1. Gravity with Gravitas: A Solution to the Border Puzzle

2. Antràs P.(2020).De‐globalisation? Global value chains in the post‐COVID‐19 age. NBER Working Paper No. 28115.

3. Do free trade agreements actually increase members' international trade?

4. Baker S. R. Bloom N. Davis S. J. Kost K. J. Sammon M. C. &Viratyosin T.(2020).The unprecedented stock market impact of COVID‐19. NBER Working Paper No. 26945.

5. Baldwin R. E. &Taglioni D.(2006).Gravity for dummies and dummies for gravity equations. NBER Working Paper No. 12516.