COVID-19, public procurement regimes and trade policy
License
Access Rights
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
0378-5920; 1467-9701
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Citation
The world economy, 2022, Vol. 45, No. 2, pp. 409-429
Cite
HOEKMAN, Bernard M., SHINGAL, Anirudh, EKNATH, Varun, ERESHCHENKO, Viktoriya, COVID-19, public procurement regimes and trade policy, The world economy, 2022, Vol. 45, No. 2, pp. 409-429 - https://hdl.handle.net/1814/74088
Abstract
This paper analyses a prominent dimension of the initial policy response to the COVID-19 pandemic observed in many countries: the imposition of export restrictions and actions to facilitate imports. Using weekly data on the use of trade policy instruments during the first seven months of the COVID-19 pandemic (January–July, 2020), we assess the relationship between the use of trade policy instruments and attributes of pre-crisis public procurement regulation. Controlling for country size, government effectiveness and economic factors, we find that use of export restrictions targeting medical products is strongly positively correlated with the total number of steps and average time required to complete procurement processes in the pre-crisis period. Membership of trade agreements encompassing public procurement disciplines is associated with actions to facilitate trade in medical products. These findings suggest future empirical assessments of the drivers of trade policy during the pandemic should consider public procurement systems.
Table of Contents
Additional Information
Published online: 17 February 2021