Resilient Trade During The COVID-19 Pandemic: Why Does Export Diversification Matter?
International Journal of Economics and Management Special Issue(2022)
Abstract
Trade economists emphasised that export diversification plays an essential role to mitigate trade shocks. Nevertheless, little empirical evidence justified the argument regarding pandemic-led disruption effects. The study examines the role of export diversification in mitigating the adverse effect of the coronavirus disease (COVID-19) pandemic in Malaysia. The results suggest that a country-based export diversification plays a vital role in minimising COVID-19 exports disruptive effect, with greater weight on the regional trade. Nevertheless, long-term product diversification is relatively beneficial to promote growth and trade resilience.
MoreTranslated text
AI Read Science
Must-Reading Tree
Example
Generate MRT to find the research sequence of this paper
Chat Paper
Summary is being generated by the instructions you defined