Showing 1 - 10 of 16,978
The study examines the effect of financial crises on international trade with a gravity approach and a large data set covering almost 70 importing and 200 exporting countries from 1950 to 2009. Thus it is possible to put the "Great Trade Collapse" witnessed during the financial crisis 2008/2009,...
Persistent link: https://www.econbiz.de/10011521734
Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises - the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...
Persistent link: https://www.econbiz.de/10008908328
Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises — the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...
Persistent link: https://www.econbiz.de/10013040311
Employing the Pedroni co-integration technique and the GMM estimator, this paper aims at investigating the possible connection between financial development, financial openness and trade openness in twenty-nine Asian developing countries over 1994-2008. Firstly, we find a bidirectional causality...
Persistent link: https://www.econbiz.de/10011347747
Existing evidence suggests that protectionist activity since the financial crisis has been muted, raising the question whether the historically well-documented relationship between growth, real exchange rates and trade protectionism has broken down. This paper re-visits this relationship for the...
Persistent link: https://www.econbiz.de/10013072606
container charges incurred for goods traded across borders - represent trade costs obtained from the World Bank's Doing Business … to consider the issue of export endogeneity in the estimation. Moreover, it highlights the failure of the current trade … position as the factory of the world. …
Persistent link: https://www.econbiz.de/10010367374
Persistent link: https://www.econbiz.de/10011443306
In the global recession of 2009, exports declined precipitously in many countries. We illustrate with firm-level data for Belgium and Peru that the decline was very sudden and almost entirely due to lower export sales by existing exporters. After the recession, exports rebounded almost equally...
Persistent link: https://www.econbiz.de/10011584157
Integration into global markets serves as a powerful catalyst for economic growth in developing economies, offering the potential to create high paying jobs and foster development. This paper uses the structural gravity model to quantify potential merchandise exports for Asian economies,...
Persistent link: https://www.econbiz.de/10015407961
suggest that protectionist pressures may rise.Gaps in World Trade Organization (WTO) commitments leave ample scope to further …
Persistent link: https://www.econbiz.de/10013094808