“…The first academic studies analysing the economic effects of the pandemic in most cases used global computable general equilibrium models (Maliszewska et al, 2020;Baldwin and Tomiura, 2020;McKibbin and Fernando, 2020;Orlik et al, 2020;OECD, 2020;WTO, 2020). Some subsequent papers looked at individual countries such as Kenya (Socrates, 2020), Switzerland and Spain, in the latter two cases the Covid-19 containment measures being found to lead to sharp falls in trade (Buchel et al, 2020;De Lucio et al, 2020, andMinondo, 2021); concerning China, Che et al (2020) analysed total export flows, whilst Fuchs et al (2020) and Telias and Urdinez (2020) reported a fall in the exports of medical goods and Friedt and Zang (2020) in the supply of machinery parts; finally, Meier and Pinto (2020) found that US industries with a large exposure to intermediate goods imports from China experienced a sharp fall in both exports and imports.…”