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crisis. We apply an import-intensity-adjusted measure of demand to examine import trends in 40 advanced and emerging … 2008-2009. As during the global financial crisis, we find that import-intensity-adjusted demand is a key factor …-led. In the current crisis, consumption and import demand from the service sector have had much larger roles. The recovery of …
Persistent link: https://www.econbiz.de/10012649491
In this paper, we examine how a trade conflict's impact on the real economy can be amplified by financial intermediaries. After the Norwegian Nobel Peace Prize Committee awarded the 2010 Nobel Peace Prize to Chinese dissident Liu Xiaobo, China in practice banned imports of Norwegian salmon. The...
Persistent link: https://www.econbiz.de/10013417483
Highly interconnected global supply chains make countries vulnerable to sup ply chain disruptions. This paper estimates the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines busi ness cycle variables with data from international container trade....
Persistent link: https://www.econbiz.de/10013471967
publishes detailed statistics on foreign trade, we rely on export data from its largest trading partners (mirror statistics). We … countries to other countries. Our analysis is based on monthly export data and focuses on technology goods (HS codes 84 and 85 … drastically overall, with exports of sanctioned goods declining more than average exports. On the other hand, the export of …
Persistent link: https://www.econbiz.de/10014478294
results show that both business and political considerations drive China's import decisions. Political friendliness with China … China. The results further suggest that countries with official diplomatic ties with Taiwan export less to China. Membership …
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