The increased uncertainty that has rocked the global trading environment in the aftermath of the global financial crisis has emerged as a significant threat for the Korean economy and its high trade dependence. While advanced countries have found themselves confronted by the possibility of low...

Combining detailed data on export transactions and an informative firm-level measure of financing constraints, this article provides new evidence on the extent and dynamics of product and geographical diversification of constrained exporters. Financial constraints associate with: (i) narrower...

The curse of dimensionality, a problem associated with analyzing the interaction of a relatively large number of endogenous macroeconomic variables, is a prevailing issue in the open economy macro literature. The most common practise to mitigate this problem is to apply the so-called Small Open...

The threat of the subprime crisis in the United States began to make itself felt in early 2008, with its effects subsequently become global. It is evident that trade linkages have been the most important channel for transmitting the subprime crisis to East Asian countries, including Thailand....

The curse of dimensionality, a problem associated with analyzing the interaction of a relatively large number of endogenous macroeconomic variables, is a prevailing issue in the open economy macro literature. The most common practise to mitigate this problem is to apply the so-called Small Open...

The threat of the subprime crisis in the United States began to make itself felt in early 2008, with its effects subsequently become global. It is evident that trade linkages have been the most important channel for transmitting the subprime crisis to East Asian countries, including Thailand....

The curse of dimensionality, a problem associated with analyzing the interaction of a relatively large number of endogenous macroeconomic variables, is a prevailing issue in the open economy macro literature. The most common practise to mitigate this problem is to apply the so-called Small Open...

This paper presents empirical evidence on the diversification process concerning Polish exports (1994-2010), compared to European and global samples of countries. It analyzes both the commodity structure of Polish trade and the geographical diversification of Poland's trading partners. The...