EconPapers    
Economics at your fingertips  
 

COVID‐19, Import Relationships and New Formation: Evidence From Colombian Importers

Ben Hamilton

The World Economy, 2025, vol. 48, issue 4, 725-741

Abstract: This paper examines the short‐run effects of exposure to COVID‐19 cases on monthly outcomes and new formation for Colombian import relationships in 2020. Focusing first on consistent import relationships, defined as firm–origin–product triplets that were active in all 12 months of 2019, inactivity rates are 5% higher, imported value is 3% lower and 2% fewer transactions occur when COVID‐19 caseloads in the exporting country are at the 75th percentile (2.4 cases per thousand residents) instead of the 25th percentile (0.1 cases per thousand residents). When cases in the importer's Colombian department are at the 75th percentile (7.2 cases per thousand) instead of the 25th (0.3 cases per thousand), inactivity rates are 23% higher, imported values are 6% lower and 2% fewer transactions occur. Differences in viral incidence across countries also affect the extensive margin decision of which country importers begin to source products from: higher cases in individual countries deter new relationships with exporters from those countries from forming, whereas higher case levels in traditional suppliers push importers towards less prominent source countries.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/twec.13674

Related works:
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:bla:worlde:v:48:y:2025:i:4:p:725-741

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0378-5920

Access Statistics for this article

The World Economy is currently edited by David Greenaway

More articles in The World Economy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-04-25
Handle: RePEc:bla:worlde:v:48:y:2025:i:4:p:725-741