COVID-19 Trade Actions and Their Impact on the Agricultural and Food Sector
Soojung Ahn and
No 316789, 2022 Allied Social Sciences Association (ASSA) Annual Meeting (Virtual), January 7-9, 2022 from Agricultural and Applied Economics Association
This paper assesses the determinants of temporary non-tariff measures (NTMs) in response to the coronavirus pandemic and their implications for agricultural and food trade. Using a control function approach, we show that economic and pandemic considerations played an essential role in implementing such NTMs. Relying on variation between treated and untreated varieties, we estimate a dynamic post-event trade response of 5.4% for import facilitating and -27.5% for export restricting NTMs. After revoking them, their trade effects fade away, implying that these temporary trade policies were effective in achieving the set policy goals, causing only a limited degree of long-term trade disruptions.
Keywords: International; Relations/Trade (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:assa22:316789
Access Statistics for this paper
More papers in 2022 Allied Social Sciences Association (ASSA) Annual Meeting (Virtual), January 7-9, 2022 from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().