TY - JOUR
T1 - The COVID-19 pandemic and the world trade network
AU - Kiyota, Kozo
N1 - Funding Information:
I acknowledge the financial support of the japan Society for the Promotion of Science Grants-in-Aid ( JP18H03637 , JP19H00598 ).
Funding Information:
I have benefited from discussions on this topic with Fukunari Kimura and Kazunobu Hayakawa. I thank Rashesh Shrestha and two anonymous referees for their helpful comments. I acknowledge the financial support of the Japan Society for the Promotion of Science Grants-in-Aid (JP18H03637, JP19H00598). This research was also supported by the Economic Research Institute for ASEAN and East Asia (ERIA) project “ERIA Research on COVID-19 and Regional Economic Integration.” The usual disclaimers apply.
Funding Information:
I acknowledge the financial support of the japan Society for the Promotion of Science Grants-in-Aid (JP18H03637, JP19H00598). I have benefited from discussions on this topic with Fukunari Kimura and Kazunobu Hayakawa. I thank Rashesh Shrestha and two anonymous referees for their helpful comments. I acknowledge the financial support of the Japan Society for the Promotion of Science Grants-in-Aid (JP18H03637, JP19H00598). This research was also supported by the Economic Research Institute for ASEAN and East Asia (ERIA) project ?ERIA Research on COVID-19 and Regional Economic Integration.? The usual disclaimers apply.
Publisher Copyright:
© 2021 The Authors
PY - 2022/2
Y1 - 2022/2
N2 - Global trade suffered a significant contraction in 2020 as a result of the COVID-19 pandemic, and its growth is expected to remain below the pre-pandemic trend. Did the relative importance of countries in the world trade network change as a result of the pandemic? The answer to this question is particularly important for the Association of Southeast Asian Nations (ASEAN) countries because of their relative importance in world trade as well as their strong trade linkages with China, where the COVID-19 virus originated. This paper examines how the world trade network has changed since the COVID-19 pandemic, with a particular focus on ASEAN countries. Tracking the changes in centrality from January 2000 to March 2021, we find no evidence for most ASEAN and major trading countries that centrality changed significantly after the pandemic began. Our results suggest the resilience of the trade pattern for these countries.
AB - Global trade suffered a significant contraction in 2020 as a result of the COVID-19 pandemic, and its growth is expected to remain below the pre-pandemic trend. Did the relative importance of countries in the world trade network change as a result of the pandemic? The answer to this question is particularly important for the Association of Southeast Asian Nations (ASEAN) countries because of their relative importance in world trade as well as their strong trade linkages with China, where the COVID-19 virus originated. This paper examines how the world trade network has changed since the COVID-19 pandemic, with a particular focus on ASEAN countries. Tracking the changes in centrality from January 2000 to March 2021, we find no evidence for most ASEAN and major trading countries that centrality changed significantly after the pandemic began. Our results suggest the resilience of the trade pattern for these countries.
KW - Centrality
KW - COVID-19 pandemic
KW - International trade
KW - Network
KW - Resilience
UR - http://www.scopus.com/inward/record.url?scp=85120459537&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85120459537&partnerID=8YFLogxK
U2 - 10.1016/j.asieco.2021.101419
DO - 10.1016/j.asieco.2021.101419
M3 - Article
AN - SCOPUS:85120459537
VL - 78
JO - Journal of Asian Economics
JF - Journal of Asian Economics
SN - 1049-0078
M1 - 101419
ER -