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Gravity of Covid-19

Amjad Masood (), Junaid Ahmed and Inmaculada Martínez-Zarzoso ()
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Amjad Masood: Bahria Business School, Bahria University, Islamabad, Pakistan
Inmaculada Martínez-Zarzoso: University of Goettingen, Goettingen, Germany and University Jaume I, Castell´on, Spain

Authors registered in the RePEc Author Service: Inmaculada Martínez-Zarzoso

Economics Bulletin, 2022, vol. 42, issue 1, 60-68

Abstract: 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.

Keywords: Covid-19; Bilateral Trade; Structural Gravity; PPML; OECD (search for similar items in EconPapers)
JEL-codes: F1 F4 (search for similar items in EconPapers)
Date: 2022-02-20
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