@techreport{oai:ir.ide.go.jp:00051769,
 author = {Hayakawa, Kazunobu and Mukunoki, Hiroshi},
 month = {Jun},
 note = {application/pdf, IDP000791_001, The aim of this study is to present early evidence for the impacts of coronavirus disease 2019
(COVID-19) on international trade. Accordingly, we investigate trade among 186 countries in the first
quarter of 2020. The disease burden of COVID-19 is measured in terms of the number of cases and
deaths. Our findings can be summarized as follows. First, the COVID-19 burden in exporting
countries, but in not importing countries, has a significantly negative effect on trade. Second, this
negative impact of exporters’ COVID-19 burden is seen in exports from developing countries but not
from developed countries. Third, the COVID-19 burden in an exporter’s neighboring countries has a
positive effect on its exports. Fourth, importers’ COVID-19 burden has positive effects on trade in the
agricultural industry, whereas exporters’ COVID-19 burden has negative effects, particularly in the
textile, footwear, and plastic industries.},
 title = {Impacts of covid-19 on international trade : evidence from the first quarter of 2020},
 year = {2020}
}