Publication: Pandemics and protectionism: evidence from the "Spanish" flu
dc.affiliation.instituto | UC3M. Instituto Figuerola de Historia y Ciencias Sociales | es |
dc.contributor.author | Boberg-Fazlic, Nina | |
dc.contributor.author | Lampe, Markus | |
dc.contributor.author | Pedersen, Maja Uhre | |
dc.contributor.author | Sharp, Paul Richard | |
dc.contributor.editor | Universidad Carlos III de Madrid. Instituto Figuerola de Historia y Ciencias Sociales | es |
dc.date.accessioned | 2020-07-03T15:16:44Z | |
dc.date.available | 2020-07-03T15:16:44Z | |
dc.date.issued | 2020-07-03 | |
dc.description.abstract | The impact of COVID-19 on recent tendencies towards international isolationism has been much speculated on but remains to be seen. We suggest that valuable evidence can be gleaned from the "Spanish" flu of 1918-20. It is well-known that the world fell into a protectionist spiral following the First World War, but scholars have almost exclusively ignored the impact of the pandemic. We employ a difference-in-differences strategy on data for Europe and find that excess deaths had a significant impact on trade policy, independent of the war. A one standard deviation increase in excess deaths during the outbreak implied 0.022 percentage points higher tariffs subsequently, corresponding to an increase of one third of a standard deviation in tariffs. Health policy should aim to avoid the experience of the interwar period and consider the international macroeconomic impact of measures (not) taken. | en |
dc.identifier.issn | 2341-2542 | es |
dc.identifier.uri | https://hdl.handle.net/10016/30673 | |
dc.identifier.uxxi | DT/0000001773 | es |
dc.language.iso | eng | es |
dc.relation.ispartofseries | Working Papers in Economic History | en |
dc.relation.ispartofseries | 20-08 | |
dc.rights | Atribución-NoComercial-SinDerivadas 3.0 España | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | * |
dc.subject.jel | F13 | |
dc.subject.jel | I19 | |
dc.subject.jel | N74 | |
dc.subject.other | Pandemics | en |
dc.subject.other | Protectionism | en |
dc.subject.other | Trade | en |
dc.title | Pandemics and protectionism: evidence from the "Spanish" flu | en |
dc.type | working paper | * |
dspace.entity.type | Publication |
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