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This paper uses Chinese firm level data to detect the international propagation of adverse shocks triggered by the US hurricane season in 2005. We provide evidence that Chinese processing manufacturers with tight trade linkages to the United States reduced their intermediate imports from the...
Persistent link: https://www.econbiz.de/10012614004
To what degree can adverse shocks propagate along global value chains? Investigating the international propagation of the US hurricane season in 2005, we show that Chinese processing manufacturers with tight trade linkages to the United States reduced their US intermediate imports between July...
Persistent link: https://www.econbiz.de/10014030585
Persistent link: https://www.econbiz.de/10012631258
This paper is the first in the literature to examine the impact of natural disasters on trade in services. We measure the magnitude of natural disasters using two distinct sets of variables and quantify the effect of natural disasters on trade in services using a structural gravity model. We...
Persistent link: https://www.econbiz.de/10012132746