Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/26123
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Caporale, GM | - |
dc.contributor.author | Sova, AD | - |
dc.contributor.author | Sova, R | - |
dc.date.accessioned | 2023-03-12T12:43:19Z | - |
dc.date.available | 2023-03-12T12:43:19Z | - |
dc.date.issued | 2023-02-15 | - |
dc.identifier | ORCID iD: Guglielmo Maria Caporale https://orcid.org/0000-0002-0144-4135 | - |
dc.identifier | ORCID iD: Anamaria Diana Sova https://orcid.org/0000-0003-3410-6543 | - |
dc.identifier.citation | Caporale, G.M. Sova, A.D. and Sova, R. (2023) 'The Covid-19 pandemic and European trade flows: evidence from a dynamic panel model', International Journal of Finance and Economics, 0 (ahead of print), pp. 1 - 18. doi: 10.1002/ijfe.2797. | en_US |
dc.identifier.issn | 1076-9307 | - |
dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/26123 | - |
dc.description | Data Availability Statement: The data that support the findings of this study are available from the corresponding author upon reasonable request. | en_US |
dc.description.abstract | Copyright © 2023 The Authors. This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1–2021M12); then, the GMM and PCSE approaches are applied to a much longer span of quarterly data (2000Q1–2021Q4), which also includes the Global Financial Crisis (GFC) of 2007–2009, in order to compare the trade impact of two different crises. The findings based on the monthly data provide clear evidence of the significant negative effects of the Covid-19 pandemic on both exports and imports in both the short and the long run, and also suggest that digitalisation was instrumental in mitigating the impact of the crisis and speeding up the recovery. The quarterly analysis over a longer time period indicates that both the GFC and the Covid-19 pandemic had negative effects on trade but of a different magnitude. The use of digital technology enabling remote work and e-commerce are again some of the factors likely explaining why international trade fell by less and also rebounded much more quickly during the Covid-19 pandemic compared to the GFC. | en_US |
dc.description.sponsorship | British Academy/Leverhulme Trust (grant no. SRG2021\210376), “The impact of the Covid-19 pandemic on trade flows and patterns: evidence from Europe”. | en_US |
dc.format.extent | 1 - 18 | - |
dc.format.medium | Print-Electronic | - |
dc.language.iso | en_US | en_US |
dc.publisher | Wiley | en_US |
dc.rights | Copyright © 2023 The Authors. International Journal of Finance & Economics published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. | - |
dc.rights | The Authors | - |
dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | - |
dc.subject | Covid-19 pandemic | en_US |
dc.subject | digitalisation | en_US |
dc.subject | dynamic panel models | en_US |
dc.subject | global financial crisis | en_US |
dc.subject | pooled mean group (PMG) estimator | en_US |
dc.subject | trade flows | en_US |
dc.title | The Covid-19 pandemic and European trade flows: evidence from a dynamic panel model | en_US |
dc.type | Article | en_US |
dc.identifier.doi | https://doi.org/10.1002/ijfe.2797 | - |
dc.relation.isPartOf | International Journal of Finance and Economics | - |
pubs.publication-status | Published online | - |
pubs.volume | 0 | - |
dc.identifier.eissn | 1099-1158 | - |
Appears in Collections: | Dept of Economics and Finance Research Papers |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
FullText.pdf | Copyright © 2023 The Authors. International Journal of Finance & Economics published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. | 1.59 MB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License