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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název periodika

Journal of Risk and Financial Management

ISSN

1911-8066

e-ISSN

—

Svazek periodika

15

Číslo periodika v rámci svazku

2/2022

Stát vydavatele periodika

CH - Švýcarská konfederace

Počet stran výsledku

20

Strana od-do

1-20

Kód UT WoS článku

000763162200001

EID výsledku v databázi Scopus

2-s2.0-85130482847