Can e-commerce mitigate the negative impact of COVID-19 on international trade?

This study aims to empirically investigate the role of E-commerce (EC) on the trade impacts of COVID-19. To this end, we estimate gravity equations for bilateral trade among 34 reporting countries and their 145 partner countries during January–August in 2019 and 2020. Our major findings can be summa...

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Detalles Bibliográficos
Autores principales: Hayakawa, Kazunobu, Mukunoki, Hiroshi, Urata, Shujiro
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Nature Singapore 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8478635/
https://www.ncbi.nlm.nih.gov/pubmed/34602842
http://dx.doi.org/10.1007/s42973-021-00099-3
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author Hayakawa, Kazunobu
Mukunoki, Hiroshi
Urata, Shujiro
author_facet Hayakawa, Kazunobu
Mukunoki, Hiroshi
Urata, Shujiro
author_sort Hayakawa, Kazunobu
collection PubMed
description This study aims to empirically investigate the role of E-commerce (EC) on the trade impacts of COVID-19. To this end, we estimate gravity equations for bilateral trade among 34 reporting countries and their 145 partner countries during January–August in 2019 and 2020. Our major findings can be summarized as follows. A larger number of confirmed cases or deaths in both importing and exporting countries significantly decrease international trade. However, we found that EC development in importing countries contributes to mitigating this negative effect of COVID-19 on trade while that in exporting countries does not. These results are robust for our use of multiple measures of EC development.
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spelling pubmed-84786352021-09-29 Can e-commerce mitigate the negative impact of COVID-19 on international trade? Hayakawa, Kazunobu Mukunoki, Hiroshi Urata, Shujiro Jpn Econ Rev (Oxf) Article This study aims to empirically investigate the role of E-commerce (EC) on the trade impacts of COVID-19. To this end, we estimate gravity equations for bilateral trade among 34 reporting countries and their 145 partner countries during January–August in 2019 and 2020. Our major findings can be summarized as follows. A larger number of confirmed cases or deaths in both importing and exporting countries significantly decrease international trade. However, we found that EC development in importing countries contributes to mitigating this negative effect of COVID-19 on trade while that in exporting countries does not. These results are robust for our use of multiple measures of EC development. Springer Nature Singapore 2021-09-29 2023 /pmc/articles/PMC8478635/ /pubmed/34602842 http://dx.doi.org/10.1007/s42973-021-00099-3 Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Hayakawa, Kazunobu
Mukunoki, Hiroshi
Urata, Shujiro
Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title_full Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title_fullStr Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title_full_unstemmed Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title_short Can e-commerce mitigate the negative impact of COVID-19 on international trade?
title_sort can e-commerce mitigate the negative impact of covid-19 on international trade?
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8478635/
https://www.ncbi.nlm.nih.gov/pubmed/34602842
http://dx.doi.org/10.1007/s42973-021-00099-3
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