Trade Policy Responses to the COVID-19 Pandemic Crisis: Evidence from a New Data Set
Simon J. Evenett,
Matteo Fiorini,
Johannes Fritz,
Bernard Hoekman,
Piotr Lukaszuk,
Nadia Rocha,
Michele Ruta,
Filippo Santi and
Anirudh Shingal
No 9498, Policy Research Working Paper Series from The World Bank
Abstract:
This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The data set reveals a rapid increase in trade policy activism in February and March 2020 in tandem with the rise in COVID-19 cases, but also uncovers extensive heterogeneity across countries in their use of trade policy and the types of measures used. Some countries acted to restrict exports and facilitate imports, others targeted only one of these margins, and many did not use trade policy at all. The observed heterogeneity suggests numerous research questions on the drivers of trade policy responses to COVID-19, the effects of these measures on trade and prices of critical products, and the role of trade agreements in influencing trade activism.
Keywords: International Trade and Trade Rules; Rules of Origin; Trade Policy; Trade and Multilateral Issues; Health and Sanitation (search for similar items in EconPapers)
Date: 2020-12-14
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://documents.worldbank.org/curated/en/34225160 ... m-a-New-Data-Set.pdf (application/pdf)
Related works:
Journal Article: Trade policy responses to the COVID‐19 pandemic crisis: Evidence from a new data set (2022)
Working Paper: Trade Policy Responses to the COVID-19 pandemic crisis: Evidence from a New Dataset (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:9498
Access Statistics for this paper
More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi (ryazigi@worldbank.org).