Corpus ID: 220713314

(Unintended) Consequences of export restrictions on medical goods during the Covid-19 pandemic

  title={(Unintended) Consequences of export restrictions on medical goods during the Covid-19 pandemic},
  author={Marco Grassia and Giuseppe Mangioni and Stefano Schiavo and Silvio Traverso},
  journal={arXiv: Physics and Society},
In the first half of 2020, several countries have responded to the challenges posed by the Covid-19 pandemic by restricting their export of medical supplies. Such measures are meant to increase the domestic availability of critical goods, and are commonly used in times of crisis. Yet, not much is known about their impact, especially on countries imposing them. Here we show that export bans are, by and large, counterproductive. Using a model of shock diffusion through the network of… Expand

Figures and Tables from this paper

Modeling of Covid‐19 trade measures on essential products: a multiproduct, multicountry spatial price equilibrium framework
Abstract In this paper, we develop a unified variational inequality framework in the context of spatial price network equilibrium problems that handles multiple products with multiple demand andExpand
Organizational Resources, Country Institutions, and National Culture Behind Firm Survival and Growth during COVID-19
We provide one of the first comprehensive and most updated studies on the effects of firms’ organizational resources, country institutions, and national culture on the survival and growth of privateExpand


Shock transmission in the International Food Trade Network
This work offers a novel framework, complementary to the price-based literature, for the measurement of the propagation of international food shocks, by analysing the diffusion of trade shocks during the period 1986—2011 for four major staples both at country level and at global scale. Expand
Sicken thy neighbour: The initial trade policy response to COVID‐19
Since the onset of the COVID‐19 pandemic, many governments have limited exports of medical supplies and medicines. Pre‐pandemic barriers to imports of medical supplies and soap remain largely inExpand
International crop trade networks: the impact of shocks and cascades
Analyzing available FAO data from 176 countries over 21 years, we observe an increase of complexity in the international trade of maize, rice, soy, and wheat. A larger number of countries play a roleExpand
BACI: International Trade Database at the Product-Level (the 1994-2007 Version)
This paper documents the construction of BACI, our international trade database, which covers more than 200 countries and 5,000 products, between 1994 and 2007. New approaches have been developed toExpand
The 'China, Inc.' Challenge to Global Trade Governance
  • M. Wu
  • Political Science
  • 2016
In the past decade, the World Trade Organization (WTO) has adjudicated over forty disputes involving China and other powerful economies. These cases are often trumpeted as a sign of the enduringExpand
Food Prices and the Multiplier Effect of Trade Policy
This work studies the relationship between trade policy and food prices. We show that when individuals are loss averse, governments may use trade policy to shield the domestic economy from large foodExpand
Varieties of contestation: China’s rise and the liberal trade order
Abstract This article reassesses whether, and if so how and why, China contests the WTO’s liberal trade order. Our framework on ‘varieties of contestation’ goes beyond the mainstream view of aExpand
Economics in the time of COVID-19
"COVID-19 may be as contagious economically as it is medically. This eBook addresses some key questions: How, and how far and fast, will the economic damage spread? How bad will it get? How long willExpand
Product-Level Trade Elasticities
Trade elasticity is a crucial parameter in evaluating the welfare impacts of trade liberalization. We estimate trade elasticities at the product level (6-digit of the Harmonized System comprisingExpand
“Do Something” Politics and Double-Peaked Policy Preferences
  • P. Egan
  • Political Science
  • The Journal of Politics
  • 2014
When a public problem is perceived to be poorly addressed by current policy, it is often the case that credible alternative policies are proposed to both the status quo’s left and right. SpeciallyExpand