We empirically estimate the effects of the Corona pandemic on international trade. One hypothesis is that economies with a high degree of trade diversification are less harmed by pandemic-induced disruptions of trade flows. This analysis will give relevant 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.
Lead investigator: | Daniel Osberghaus |
Affiliation: | Leibniz Centre for European Economic Research |
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