Behrens, Kristian; Corcos, Gregory; Mion, Giordano - C.E.P.R. Discussion Papers - 2010
We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we find that changes in firm-country-product exports and imports occurred mostly at the intensive margin: the number of firms, the average number of destination and origin markets...