Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set

This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week...

Full description

Bibliographic Details
Main Authors: Evenett, Simon, Fiorini, Matteo, Fritz, Johannes, Hoekman, Bernard, Lukaszuk, Piotr, Rocha, Nadia, Ruta, Michele, Santi, Filippo, Shingal, Anirudh
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set
http://hdl.handle.net/10986/34942
id okr-10986-34942
recordtype oai_dc
spelling okr-10986-349422022-09-20T00:09:47Z Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set Evenett, Simon Fiorini, Matteo Fritz, Johannes Hoekman, Bernard Lukaszuk, Piotr Rocha, Nadia Ruta, Michele Santi, Filippo Shingal, Anirudh TRADE POLICY CORONAVIRUS COVID-19 PANDEMIC RESPONSE EXPORT RESTRICTIONS MEDICAL GOODS TRADE TECHNICAL TRADE BARRIERS SANITARY AND PHYTOSANITARY STANDARDS IMPORT LIBERALIZATION This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The data set reveals a rapid increase in trade policy activism in February and March 2020 in tandem with the rise in COVID-19 cases, but also uncovers extensive heterogeneity across countries in their use of trade policy and the types of measures used. Some countries acted to restrict exports and facilitate imports, others targeted only one of these margins, and many did not use trade policy at all. The observed heterogeneity suggests numerous research questions on the drivers of trade policy responses to COVID-19, the effects of these measures on trade and prices of critical products, and the role of trade agreements in influencing trade activism. 2020-12-17T15:27:44Z 2020-12-17T15:27:44Z 2020-12 Working Paper http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set http://hdl.handle.net/10986/34942 English Policy Research Working Paper;No. 9498 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic TRADE POLICY
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EXPORT RESTRICTIONS
MEDICAL GOODS TRADE
TECHNICAL TRADE BARRIERS
SANITARY AND PHYTOSANITARY STANDARDS
IMPORT LIBERALIZATION
spellingShingle TRADE POLICY
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EXPORT RESTRICTIONS
MEDICAL GOODS TRADE
TECHNICAL TRADE BARRIERS
SANITARY AND PHYTOSANITARY STANDARDS
IMPORT LIBERALIZATION
Evenett, Simon
Fiorini, Matteo
Fritz, Johannes
Hoekman, Bernard
Lukaszuk, Piotr
Rocha, Nadia
Ruta, Michele
Santi, Filippo
Shingal, Anirudh
Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
relation Policy Research Working Paper;No. 9498
description This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The data set reveals a rapid increase in trade policy activism in February and March 2020 in tandem with the rise in COVID-19 cases, but also uncovers extensive heterogeneity across countries in their use of trade policy and the types of measures used. Some countries acted to restrict exports and facilitate imports, others targeted only one of these margins, and many did not use trade policy at all. The observed heterogeneity suggests numerous research questions on the drivers of trade policy responses to COVID-19, the effects of these measures on trade and prices of critical products, and the role of trade agreements in influencing trade activism.
format Working Paper
author Evenett, Simon
Fiorini, Matteo
Fritz, Johannes
Hoekman, Bernard
Lukaszuk, Piotr
Rocha, Nadia
Ruta, Michele
Santi, Filippo
Shingal, Anirudh
author_facet Evenett, Simon
Fiorini, Matteo
Fritz, Johannes
Hoekman, Bernard
Lukaszuk, Piotr
Rocha, Nadia
Ruta, Michele
Santi, Filippo
Shingal, Anirudh
author_sort Evenett, Simon
title Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
title_short Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
title_full Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
title_fullStr Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
title_full_unstemmed Trade Policy Responses to the COVID-19 Pandemic Crisis : Evidence from a New Data Set
title_sort trade policy responses to the covid-19 pandemic crisis : evidence from a new data set
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set
http://hdl.handle.net/10986/34942
_version_ 1764481981384491008