{"title":"Can trade help with fighting the pandemic? Evidence from imports of Chinese medical products","authors":"Laike Yang, Bo Xu","doi":"10.4337/ejeep.2021.02.08","DOIUrl":null,"url":null,"abstract":"To contain the COVID-19 pandemic, medical products play an important role around the world. This paper studies the relationship between trade and pandemic control by testing the impact of importing medical products from China on COVID-19 cases and deaths. Using a fixed-effects model, we find that there is a significant negative correlation between imports of medical products from China and COVID-19 cases; for every 1 percent increase in protection equipment imported from China, new COVID-19 cases per day drop by 0.24 percent, and COVID-19-related deaths decrease by 0.13 percent in two weeks. The evidence suggests that trade can play a vital role in fighting the pandemic.","PeriodicalId":44368,"journal":{"name":"European Journal of Economics and Economic Policies-Intervention","volume":null,"pages":null},"PeriodicalIF":0.8000,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Journal of Economics and Economic Policies-Intervention","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4337/ejeep.2021.02.08","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
To contain the COVID-19 pandemic, medical products play an important role around the world. This paper studies the relationship between trade and pandemic control by testing the impact of importing medical products from China on COVID-19 cases and deaths. Using a fixed-effects model, we find that there is a significant negative correlation between imports of medical products from China and COVID-19 cases; for every 1 percent increase in protection equipment imported from China, new COVID-19 cases per day drop by 0.24 percent, and COVID-19-related deaths decrease by 0.13 percent in two weeks. The evidence suggests that trade can play a vital role in fighting the pandemic.
期刊介绍：
The European Journal of Economics and Economic Policies: Intervention (EJEEP) is a peer-reviewed journal which serves as a forum for studies in macroeconomic theory, economic institutions and economic policies. The managing editors aim for productive debates involving one or more variants of heterodox economics, and invite contributions acknowledging the pluralism of research approaches. The submission of both theoretical and empirical work is encouraged. The managing editors contend that a wide variety of institutional and social factors shape economic life and economic processes. Only a careful study and integration of such factors into economics will lead to theoretical progress and to competent economic policy recommendations. This was clearly demonstrated by the inadequacy of orthodox economics, based on neoclassical foundations, to provide suitable explanations and responses to recent financial and economic crises.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
