Academic Journal
Pandemics and protectionism: evidence from the “Spanish” flu
| العنوان: | Pandemics and protectionism: evidence from the “Spanish” flu |
|---|---|
| المؤلفون: | Boberg-Fazlic, Nina, Lampe, Markus, Pedersen, Maja Uhre, Sharp, Paul |
| المصدر: | Boberg-Fazlic , N , Lampe , M , Pedersen , M U & Sharp , P 2021 , ' Pandemics and protectionism: evidence from the “Spanish” flu ' , Palgrave Communications , vol. 8 , no. 145 , pp. 1 - 9 . https://doi.org/10.1057/s41599-021-00833-7 |
| سنة النشر: | 2021 |
| مصطلحات موضوعية: | /dk/atira/pure/keywords/oefos-6-digit/5/502/502049, name=502049 Economic history |
| الوصف: | The impact of COVID-19 on recent tendencies towards international isolationism has been much speculated on but remains to be seen. We suggest that valuable evidence can be gleaned from the “Spanish” flu of 1918–20. It is well-known that the world fell into a protectionist spiral following the First World War, but scholars have almost exclusively ignored the impact of the pandemic. We employ a difference-in-differences strategy and find that the flu had a significant impact on trade policy, independent of the war. In our preferred specification, a one standard deviation increase in excess deaths during the outbreak implied 0.022 percentage points higher tariffs subsequently, corresponding to an increase of one third of a standard deviation in tariffs. Health policy should aim to avoid the experience of the interwar period and consider the international macroeconomic impact of measures (not) taken. |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | English |
| DOI: | 10.1057/s41599-021-00833-7 |
| الاتاحة: | https://research.wu.ac.at/de/publications/27318cf9-1ee4-4492-8702-2cfa753863a3 https://doi.org/10.1057/s41599-021-00833-7 https://research.wu.ac.at/ws/files/16974214/s41599-021-00833-7.pdf https://www.nature.com/articles/s41599-021-00833-7 |
| Rights: | info:eu-repo/semantics/openAccess |
| رقم الانضمام: | edsbas.4F475594 |
| قاعدة البيانات: | BASE |
| DOI: | 10.1057/s41599-021-00833-7 |
|---|