Pandemic Trade : Covid-19, Remote Work and Global Value Chains (English)

This paper studies the trade effects of Covid-19 using monthly disaggregated trade data for 28 countries and multiple trading partners from the beginning of the pandemic to June 2020. Regression results based on a sector-level gravity model show that the negative trade effects induced by Covid-19 shocks varied widely across sectors. Sectors more amenable to remote work contracted less throughout the pandemic. Importantly, participation in global value...

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Author

Espitia Rueda,Alvaro Raul;

Mattoo,Aaditya;

Rocha,Nadia;

Ruta,Michele;

Winkler,Deborah Elisabeth;
Document Date
2021/01/14
Document Type
Policy Research Working Paper
Report Number
WPS9508
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2021/01/14
Disclosure Status
Disclosed
Doc Name
Pandemic Trade : Covid-19, Remote Work and Global Value Chains
Keywords
supply shock

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Citation

Espitia Rueda,Alvaro Raul; Mattoo,Aaditya; Rocha,Nadia; Ruta,Michele; Winkler,Deborah Elisabeth.

Pandemic Trade : Covid-19, Remote Work and Global Value Chains (English). COVID-19 (Coronavirus)|Policy Research working paper|no. WPS 9508 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/843301610630752625

Pandemic Trade : Covid-19, Remote Work and Global Value Chains (English)

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