Resilient Trade During The COVID-19 Pandemic: Why Does Export Diversification Matter?

International Journal of Economics and Management Pub Date : 2022-11-10 DOI:10.47836/ijeamsi.16.1.004

Muhammad Daaniyall Abd Rahman, Mohamad Khair Afham Muhamad Senan, Nor Yasmin Mhd Bani, Futu Faturay, M. Saari

引用次数: 0

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.

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COVID-19大流行期间的弹性贸易:为什么出口多样化很重要?

贸易经济学家强调，出口多样化在缓解贸易冲击方面发挥着至关重要的作用。然而，很少有经验证据证明关于大流行导致的破坏效应的论点是正确的。该研究考察了出口多样化在减轻马来西亚冠状病毒病(COVID-19)大流行的不利影响方面的作用。结果表明，以国家为基础的出口多样化在最大限度地减少COVID-19出口破坏性影响方面发挥着至关重要的作用，对区域贸易的影响更大。然而，长期的产品多样化相对有利于促进增长和贸易弹性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Economics and Management Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.80

自引率

0.00%

发文量

期刊介绍： The journal focuses on economics and management issues. The main subjects for economics cover national macroeconomic issues, international economic issues, interactions of national and regional economies, microeconomics and macroeconomics policies. The journal also considers thought-leading substantive research in the finance discipline. The main subjects for management include management decisions, Small Medium Enterprises (SME) practices, corporate social policies, digital marketing strategies and strategic management. The journal emphasises empirical studies with practical applications; examinations of theoretical and methodological developments. The journal is committed to publishing the high quality articles from economics and management perspectives. It is a triannual journal published in April, August and December and all articles submitted are in English. IJEM follows a double-blind peer-review process, whereby authors do not know reviewers and vice versa. Peer review is fundamental to the scientific publication process and the dissemination of sound science.