(i)

(ii)

(iii)

(iv)

(v)

(vi)

RTA Dummy

0.034

[0.039]

0.024

[0.040]

0.140*

[0.084]

0.125

[0.084]

0.039

[0.039]

0.044

[0.039]

Ln Importer’s GDP

0.055

[0.194]

0.073

[0.181]

0.325

[0.268]

0.307

[0.259]

0.017

[0.132]

0.187

[0.149]

Ln Exporter’s GDP

0.693***

[0.193]

0.740***

[0.186]

0.738***

[0.204]

0.751***

[0.202]

0.832***

[0.202]

0.806***

[0.185]

Ln(1 + Importer’s Cases)

0.002

[0.003]

0.004

[0.004]

0.003

[0.002]

*High Income Importer

0.003

[0.002]

−0.005*

[0.003]

−0.001

[0.004]

Ln(1 + Exporter’s Cases)

−0.017***

[0.005]

−0.014**

[0.006]

−0.012***

[0.003]

*High Income Exporter

0.009***

[0.002]

0.005

[0.003]

0.015***

[0.004]

Ln(1 + Importer’s Deaths)

0.000

[0.003]

0.003

[0.004]

0.002

[0.003]

*High Income Importer

−0.005

[0.003]

−0.008*

[0.004]

0.001

[0.007]

Ln(1 + Exporter’s Deaths)

−0.022***

[0.004]

−0.017***

[0.006]

−0.018***

[0.004]

* High Income Exporter

0.015***

[0.004]

0.008

[0.005]

0.028***

[0.008]

Trade Period

Jan-Mar

Jan-Mar

March

March

Jan-Mar

Jan-Mar

COVID Period

Jan-Mar

Jan-Mar

Jan-Mar

Jan-Mar

Jan-feb

Jan-feb

Number of Observations

16,756

16,756

16,182

16,182

16,756

16,756

Log Pseudo Likelihood

−5E + 10

−5E + 10

−3E + 10

−3E + 10

−5E + 10

−5E + 10