Assessing asymmetric determinants of commodity-level exports: the role of policy responses to the COVID-19 pandemic

C-Tier
Journal: Applied Economics
Year: 2022
Volume: 54
Issue: 45
Pages: 5176-5189

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper explores the economic consequences of non-pharmaceutical government intervention to curb disease spread on Indian commodity-level exports. This is the first study to assess the export implications of the pandemic using a panel linear as well as a novel non-linear ARDL framework. Our results show that pandemic-related stringencies have a positive effect on Indian exports in the long-run. This result holds valid for domestic as well export destination countriesʻ stringencies. However, our evidence suggests that reducing stringencies has a more dominating effect on Indian exports than tightening of stringencies. Also, stringencies and uncertainty impact exports adversely in the short-run. Furthermore, pandemic-related financial uncertainty is found to have a dampening effect on exporting. Our results also show a significant asymmetric impact of policy responses on exports, especially for agriculture and manufacturing commodities, while mineral products are relatively less impacted.

Technical Details

RePEc Handle
repec:taf:applec:v:54:y:2022:i:45:p:5176-5189
Journal Field
General
Author Count
2
Added to Database
2026-01-29