Global trade contracted quickly and severely during the global crisis. This paper, using a unique dataset of French firms, matching together export data with firm-level credit constraints, shows that most of the 2008-2009 trade collapse is accounted by the unprecedented demand shock and by...

The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...

This paper seeks to analyse the impact of European Union enlargement on accession countries and current EU as a whole, using a Computable General Equilibrium (CGE) model. Its aim is to provide an assessment of the impact of enlargement on the size and efficiency of firms and the varieties of...