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The impact of COVID-19 on international trade: an evidence from Croatia (CROSBI ID 710797)

Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija

Jošić, Hrvoje ; Žmuk, Berislav The impact of COVID-19 on international trade: an evidence from Croatia // Proceedings of The International Scientific Conference Trade perspectives 2021: international trade in a post COVID-19 world / Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina (ur.). Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu ; Hrvatska gospodarska komora (HGK), 2021. str. 39-51

Podaci o odgovornosti

Jošić, Hrvoje ; Žmuk, Berislav

engleski

The impact of COVID-19 on international trade: an evidence from Croatia

COVID-19 pandemics has led to unprecedented collapse of world economy, followed by the supply and demand disruptions, fall in commodity prices, reduced manufacturing output and disrupted operations in global value chains. The crisis also dealt a violent blow to the international trade, with disruptive economic impact of lockdown measures taken. The goal of this paper is to estimate the impact of COVID-19 on international trade in the case of Croatia. The data for the analysis are provided on a monthly basis for the period from January 2019 to February 2021. For the purpose of the analysis, eight panel regression models will be constructed for Croatian bilateral trade with over 180 countries in the world. In four panel regression models the role of dependent variable will have the Croatian exports variable while in other four panel regression models the role of dependent variable will have the Croatian imports variable. On the other side, the independent variables in the model will be the new cases and new deaths due to the COVID-19 variables, the stringency index and lockdown dummy variable. It is expected that all explanatory variables will have negative effect on the value of Croatian bilateral exports and imports. This study can be important for economic policy makers and trade related subjects in order to evaluate changes in trade flows in the time of pandemics.

COVID-19 ; international trade ; Croatia

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Podaci o prilogu

39-51.

2021.

objavljeno

Podaci o matičnoj publikaciji

Proceedings of The International Scientific Conference Trade perspectives 2021: international trade in a post COVID-19 world

Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina

Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu ; Hrvatska gospodarska komora (HGK)

978-953-346-167-0

Podaci o skupu

Trade Perspectives 2021: International trade in a post COVID-19 world = Perspektive trgovine 2021: Međunarodna trgovina u post-COVID 19 svijetu

predavanje

25.11.2021-26.11.2021

Zagreb, Hrvatska

Povezanost rada

Ekonomija

Poveznice