How Does Trade Evolve in the Aftermath of Financial Crises?
How Does Trade Evolve in the Aftermath of Financial Crises?
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London: Palgrave Macmillan
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English
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London: Palgrave Macmillan
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International trade collapsed in 2008-09, particularly in countries that experienced a financial crisis. Was this collapse unique or part of a broader historical pattern? Using an augmented gravity model and 179 episodes from 1970 to 2009, we find that financial crises are associated with sharp declines in imports of the crisis country—19 percent,...
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How Does Trade Evolve in the Aftermath of Financial Crises?
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TN_cdi_proquest_miscellaneous_1748859699
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1748859699
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ISSN
2041-4161
E-ISSN
2041-417X
DOI
10.1057/imfer.2014.15
