000 | 01561nab a2200265 c 4500 | ||
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999 |
_c147661 _d147661 |
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003 | ES-MaIEF | ||
005 | 20230608134256.0 | ||
007 | ta | ||
008 | 230608t2023 us ||||| |||| 00| 0|eng d | ||
040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
100 | 1 |
_970699 _aAntràs, Pol |
|
245 | 0 |
_aGlobalization and pandemics _cPol Antràs, Stephen J. Redding, Esteban Rossi-Hansberg |
|
500 | _aResumen. | ||
504 | _aBibliografía. | ||
520 | _aWe provide theory and evidence on the relationship between globalization and pandemics. Business travel facilitates trade and travel leads to human interactions that transmit disease. Trade-motivated travel generates an epidemiological externality across countries. If infections lead to deaths, or reduce individual labor supply, we establish a general equilibrium social distancing effect, whereby increases in relative prices in unhealthy countries reduce travel to those countries. If agents internalize the threat of infection, we show that their behavioral responses lead to a reduction in travel that is larger for higher-trade-cost locations, which initially reduces the ratio of trade to output. | ||
650 | 4 |
_936211 _aGLOBALIZACION (ECONOMIA) |
|
650 |
_aPANDEMIAS _967998 |
||
650 |
_aCOMERCIO _938116 |
||
650 |
_aTURISMO _948636 |
||
650 |
_aMODELOS ECONOMETRICOS _947776 |
||
700 |
_9836 _aRedding, Stephen |
||
700 |
_955172 _aRossi Hansberg, Esteban |
||
773 | 0 |
_9169587 _oOP 234/2023/4 _tThe American Economic Review _w(IEF)103372 _x 0002-8282 _g v. 113, n. 4, April 2023, p. 939-981 |
|
942 | _cART |