Trade Policy Responses to the COVID-19 Pandemic Crisis

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.

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Main Authors: Evenett, Simon, Fiorini, Matteo, Fritz, Johannes, Hoekman, Bernard, Lukaszuk, Piotr, Rocha, Nadia, Ruta, Michele, Santi, Filippo, Shingal, Anirudh
Format: Working Paper biblioteca
Language:English
Published: World Bank, Washington, DC 2020-12
Subjects:TRADE POLICY, CORONAVIRUS, COVID-19, PANDEMIC RESPONSE, EXPORT RESTRICTIONS, MEDICAL GOODS TRADE, TECHNICAL TRADE BARRIERS, SANITARY AND PHYTOSANITARY STANDARDS, IMPORT LIBERALIZATION,
Online Access:http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set
https://hdl.handle.net/10986/34942
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spelling dig-okr-10986349422024-08-09T06:10:39Z 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 Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set https://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 application/pdf text/plain World Bank, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
topic TRADE POLICY
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EXPORT RESTRICTIONS
MEDICAL GOODS TRADE
TECHNICAL TRADE BARRIERS
SANITARY AND PHYTOSANITARY STANDARDS
IMPORT LIBERALIZATION
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
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
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
topic_facet TRADE POLICY
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EXPORT RESTRICTIONS
MEDICAL GOODS TRADE
TECHNICAL TRADE BARRIERS
SANITARY AND PHYTOSANITARY STANDARDS
IMPORT LIBERALIZATION
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
title_short Trade Policy Responses to the COVID-19 Pandemic Crisis
title_full Trade Policy Responses to the COVID-19 Pandemic Crisis
title_fullStr Trade Policy Responses to the COVID-19 Pandemic Crisis
title_full_unstemmed Trade Policy Responses to the COVID-19 Pandemic Crisis
title_sort trade policy responses to the covid-19 pandemic crisis
publisher World Bank, Washington, DC
publishDate 2020-12
url http://documents.worldbank.org/curated/en/342251607972979213/Trade-Policy-Responses-to-the-COVID-19-Pandemic-Crisis-Evidence-from-a-New-Data-Set
https://hdl.handle.net/10986/34942
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