International Trade During a Pandemic: Boon or Bane?
International Trade During a Pandemic: Boon or Bane?
Period:
01.01.2021 – 31.12.2022
We will empirically estimate the effects of the COVID-19 pandemic on international trade. One hypothesis to be tested is that economies with a higher degree of trade diversification are less harmed by pandemic-induced disruptions of trade flows. This analysis will provide important insights for the management of global supply chain risks not only in times of a pandemic, but also regarding other emerging risks for the international trade system, such as trade wars or natural disasters induced by climate change.
