Making the EU cohesion policy work to support exports at time of Covid-19: Evidence on the Italian regions

Boffardi, Raffaele; Di, Paolo; Arbolino, Roberta

doi:10.1016/j.inteco.2022.09.008

Cited by 7 publications

(1 citation statement)

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“…Consequently, such impacts have to be taken into consideration by decision makers at different levels to either contain the negative economic effects of health crises or stimulate the positive ones. One way to contain negative effects of health crises on international trade is to sustain trade resilience via cohesion policies and financial support, such as the policies implemented in the EU for export recovery of different affected European regions [57]. Measures and policies to support both people and businesses are needed, and in case of global health crises (such as the COVID-19 crisis), national (governmental) and international level measures are necessary, requiring international cooperation, as was also acknowledged by United Nations [8].…”

Section: Discussionmentioning

confidence: 99%

Insights about the Effects of COVID-19 on International Trade during the Main Pandemic Years in Romania and Poland

Tudorache

Nicolescu

2023

Sustainability

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The COVID-19 crisis disrupted the economic life of the entire world and caused various disturbances at different levels in economies and societies. Consequently, the study of the economic impact of the health crisis became necessary to identify the influences that the health crisis had on numerous activities, including economic ones. There are calls for more studies to be conducted about the effects of COVID-19 at different levels so that lessons can be learned. The present paper answers these calls and focuses on the analysis of the impact of the COVID-19 crisis on international trade at the country level by investigating two European countries, Romania and Poland. First, it analyzes the macro-level context of the two countries during the COVID-19 pandemic. Then, a regression methodology is employed to measure the impact of the COVID-19 burden (which includes the number of cases and the number of deaths related to COVID-19) on the export and import flows in Romania and Poland. The investigation refers to the first two years of the COVID-19 pandemic, 2020–2021, which were the most significant. The results of the regression analysis showed that international trade was affected by the COVID-19 burden in the two countries, but the influences were different in the two countries. Exports and imports in Poland were more affected by COVID-19 than exports and imports in Romania. COVID-19 also had a higher impact on the import than the export flows in both countries during the period considered. The negative assumed relationships between COVID-19 burden and international trade flows were not verified in these specific country cases. This paper provides more evidence about the economic impact of the COVID-19 crisis, contributing to a better understanding of the economic effects of health crises in general.

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Section: Discussionmentioning

confidence: 99%