Did the 1918 Influenza Pandemic Affect International Trade?
(2020) NEKN01 20201Department of Economics
- Abstract
- The aim of this study is to contribute to the existing literature by investigating what to our knowledge is a previously unexplored area, namely if the 1918 Influenza Pandemic - the Spanish flu - had an effect on global trade. The Spanish flu is estimated to have killed 17-100 million people between 1918-1920 (CDC NCIRD, 2018; Roser, 2020). However, the macroeconomic impact of one of the deadliest pandemics in modern history is scarce. In order to capture how severe the flu was across countries we measure how the intensity of the flu, in terms of change in life expectancy as well as mortality rates, varied internationally between 1918 - 1920. These indices are then applied in two differently compiled datasets. The empirical analysis is... (More)
- The aim of this study is to contribute to the existing literature by investigating what to our knowledge is a previously unexplored area, namely if the 1918 Influenza Pandemic - the Spanish flu - had an effect on global trade. The Spanish flu is estimated to have killed 17-100 million people between 1918-1920 (CDC NCIRD, 2018; Roser, 2020). However, the macroeconomic impact of one of the deadliest pandemics in modern history is scarce. In order to capture how severe the flu was across countries we measure how the intensity of the flu, in terms of change in life expectancy as well as mortality rates, varied internationally between 1918 - 1920. These indices are then applied in two differently compiled datasets. The empirical analysis is carried out using the gravity model. Based on our results no apparent conclusion can be drawn about the effects on international trade caused by the Spanish flu. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9027541
- author
- Lindblad, Madeleine LU and Axelsson, Emma
- supervisor
- organization
- course
- NEKN01 20201
- year
- 2020
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Spanish Influenza, Trade, Fixed effects, Gravity Model, Life expectancy, Mortality, Pandemics, Poisson
- language
- English
- id
- 9027541
- date added to LUP
- 2020-12-07 10:49:57
- date last changed
- 2020-12-07 10:49:57
@misc{9027541, abstract = {{The aim of this study is to contribute to the existing literature by investigating what to our knowledge is a previously unexplored area, namely if the 1918 Influenza Pandemic - the Spanish flu - had an effect on global trade. The Spanish flu is estimated to have killed 17-100 million people between 1918-1920 (CDC NCIRD, 2018; Roser, 2020). However, the macroeconomic impact of one of the deadliest pandemics in modern history is scarce. In order to capture how severe the flu was across countries we measure how the intensity of the flu, in terms of change in life expectancy as well as mortality rates, varied internationally between 1918 - 1920. These indices are then applied in two differently compiled datasets. The empirical analysis is carried out using the gravity model. Based on our results no apparent conclusion can be drawn about the effects on international trade caused by the Spanish flu.}}, author = {{Lindblad, Madeleine and Axelsson, Emma}}, language = {{eng}}, note = {{Student Paper}}, title = {{Did the 1918 Influenza Pandemic Affect International Trade?}}, year = {{2020}}, }