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The impact of COVID-19 trade measures on agricultural and food trade.

Soojung AhnSandro Steinbach
Published in: Applied economic perspectives and policy (2022)
This paper assesses the determinants of temporary non-tariff measures (NTMs) in response to COVID-19 and their implications for the agricultural and food trade. Using a control function approach, we show that economic and pandemic considerations played an essential role in implementing such NTMs. Relying on variation between treated and untreated varieties, we estimate a dynamic post-event trade response of 5.4% for import facilitating and -27.5% for export restricting NTMs. After revoking them, their trade effects fade away, implying that these temporary trade policies were effective in achieving the set policy goals, causing only a limited degree of long-term trade disruptions.
Keyphrases
  • coronavirus disease
  • sars cov
  • public health
  • risk assessment
  • human health
  • climate change
  • healthcare
  • heavy metals
  • mental health
  • quality improvement
  • life cycle