Impact of COVID-19 on the trade of goods and services in Spain

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dc.contributor.authorMinondo, Asier
dc.date.accessioned2025-09-09T10:44:14Z
dc.date.available2025-09-09T10:44:14Z
dc.date.issued2021-02-03
dc.date.updated2025-09-09T10:44:14Z
dc.description.abstractPurpose: This paper aims to analyze the impact of COVID-19 on the trade of goods and services in Spain. Design/methodology/approach: This paper uses monthly trade data at the product, region and firm level. Findings: The COVID-19 crisis has led to the sharpest collapse in the Spanish trade of goods and services in recent decades. The containment measures adopted to arrest the spread of the virus have caused an especially intense fall of trade in services. The large share of transport equipment, capital goods, products that are consumed outdoors (i.e., outdoor goods) and tourism in Spanish exports has made the COVID-19 trade crisis more intense in Spain than in the rest of the European Union. Practical implications: The nature of the collapse suggests that trade in goods can recover swiftly when the health crisis ends. However, COVID-19 may have a long-term negative impact on the trade of services that rely on the movement of people. Originality/value: It contributes to understand how COVID-19 has affected the trade in goods and services in Spain.en
dc.description.sponsorshipThe author gratefully acknowledge the financial support from the Spanish Ministry of Science, Innovation and Universities (RTI2018-100899-B-I00, co-financed by FEDER) and the Basque Government Department of Education, Language policy, and Culture (IT885-16)en
dc.identifier.citationMinondo, A. (2021). Impact of COVID-19 on the trade of goods and services in Spain. Applied Economic Analysis, 29(85), 58-76. https://doi.org/10.1108/AEA-11-2020-0156
dc.identifier.doi10.1108/AEA-11-2020-0156
dc.identifier.eissn2632-7627
dc.identifier.urihttps://hdl.handle.net/20.500.14454/3563
dc.language.isoeng
dc.publisherEmerald Group Holdings Ltd.
dc.rights© Asier Minondo
dc.subject.otherCOVID-19
dc.subject.otherSpain
dc.subject.otherTourism
dc.subject.otherTrade in goods
dc.subject.otherTrade in services
dc.titleImpact of COVID-19 on the trade of goods and services in Spainen
dc.typejournal article
dcterms.accessRightsopen access
oaire.citation.endPage76
oaire.citation.issue85
oaire.citation.startPage58
oaire.citation.titleApplied Economic Analysis
oaire.citation.volume29
oaire.licenseConditionhttps://creativecommons.org/licenses/by/4.0/
oaire.versionVoR
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