Impact of trade flows on household welfare: panel data evidence from OECD countries
Impact of trade flows on household welfare: panel data evidence from OECD countries
While there is some emerging evidence regarding the relationship between the COVID-19 related policy interventions and trade volumes, there is limited evidence examining the relationships between trade volumes and household welfare or the impact of the pandemic on household welfare.
This study aims to fill the gap by applying statistical modelling to panel data compiled from the UN COMTRADE and the OECD Social and Welfare Statistics databases. The results suggest that international trade flows are significantly associated with unemployment, labour underutilization and household savings. The results further reveal that the COVID-19 pandemic had a significant
effect on all examined aspects of household welfare.
1
ESRC Centre for Population Change
Szabo, Sylvia
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Park, Seree
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Srisawasdi, Worawat
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Tsusaka, Takuji
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Matthews, Zoe
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13 May 2022
Szabo, Sylvia
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Park, Seree
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Srisawasdi, Worawat
b891f81c-bca8-4d03-925b-d583b81c50a9
Tsusaka, Takuji
96652807-10bc-4f82-a10e-7d5273b0c954
Matthews, Zoe
ebaee878-8cb8-415f-8aa1-3af2c3856f55
Szabo, Sylvia, Park, Seree, Srisawasdi, Worawat, Tsusaka, Takuji and Matthews, Zoe
(2022)
Impact of trade flows on household welfare: panel data evidence from OECD countries
(Centre for Population Working Paper Series, 101)
ESRC Centre for Population Change
15pp.
Record type:
Monograph
(Working Paper)
Abstract
While there is some emerging evidence regarding the relationship between the COVID-19 related policy interventions and trade volumes, there is limited evidence examining the relationships between trade volumes and household welfare or the impact of the pandemic on household welfare.
This study aims to fill the gap by applying statistical modelling to panel data compiled from the UN COMTRADE and the OECD Social and Welfare Statistics databases. The results suggest that international trade flows are significantly associated with unemployment, labour underutilization and household savings. The results further reveal that the COVID-19 pandemic had a significant
effect on all examined aspects of household welfare.
Text
WP101_Impact_of_Trade_Flows_on_Household_Welfare (1)
- Version of Record
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Published date: 13 May 2022
Identifiers
Local EPrints ID: 457574
URI: http://eprints.soton.ac.uk/id/eprint/457574
PURE UUID: 1027387e-894d-4ee9-b0fa-96ef1ccd87bd
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Date deposited: 13 Jun 2022 16:42
Last modified: 17 Mar 2024 02:41
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Contributors
Author:
Sylvia Szabo
Author:
Seree Park
Author:
Worawat Srisawasdi
Author:
Takuji Tsusaka
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