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Effect of COVID-19 on International Trade among the Visegrad Countries

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F22%3A10152536" target="_blank" >RIV/26482789:_____/22:10152536 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.mdpi.com/1911-8074/15/2/41" target="_blank" >https://www.mdpi.com/1911-8074/15/2/41</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.3390/jrfm15020041" target="_blank" >10.3390/jrfm15020041</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Effect of COVID-19 on International Trade among the Visegrad Countries

  • Original language description

    The impact of the COVID-19 pandemic has been detrimental to all countries, despite the continuous efforts of governments on all continents to attempt to mitigate its damaging effects. All economic and social indicators have worsened. This study explores the impact of COVID-19 on international trade among the Visegrad Four (V4) countries. We employ data from Eurostat and FRED to explore this influence, using the monthly import and export data for the 2010 M1-2021 M4period. We estimate the trade model for each member country of the V4, exploring their trade relations with other V4 members. We employ a shift dummy and impulse dummy to show the effect of country lockdowns initiating possible structural change. After exploration, we found that the COVID-19 impact was evident in all countries, but not with the same strength. Looking outside the V4 group, we can also see that there are strong trade relations with Germany, which is the strongest European economy. For further exploration, we suggest investigating these outside links to complete the picture.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2022

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Journal of Risk and Financial Management

  • ISSN

    1911-8066

  • e-ISSN

  • Volume of the periodical

    15

  • Issue of the periodical within the volume

    2/2022

  • Country of publishing house

    CH - SWITZERLAND

  • Number of pages

    20

  • Pages from-to

    1-20

  • UT code for WoS article

    000763162200001

  • EID of the result in the Scopus database

    2-s2.0-85130482847