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We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...
Persistent link: https://www.econbiz.de/10011384454
In January 2013, the trend of reduction of Russian export continued. At the same time, Russia's accession to the WTO, liberalization of the Russian trade regime due to the above factor and appreciation of the ruble contributed to growth in purchases of goods from abroad
Persistent link: https://www.econbiz.de/10013082651
In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...
Persistent link: https://www.econbiz.de/10013089666
A complicated global economic situation has a negative effect on development of the foreign economic sphere of the Russian Federation. Early in 2013, worsening of the trade balance of the Russian Federation was observed: with reduction of export supplies import has increased. The member-states...
Persistent link: https://www.econbiz.de/10012974365
In April 2014, differently directed dynamics of export and import was observed and, as a result, the trade balance surplus increased. In the foreign trade turnover of the Russian Federation, the share of CIS countries has kept decreasing. G-20 countries continue to apply protectionist measures...
Persistent link: https://www.econbiz.de/10013050131
In February 2014, the main indices of the Russian foreign trade dropped considerably. The European Union submitted to the Secretariat of the World Trade Organization a query as regards consultations with the Russian Federation as regards measures affecting the import of live pigs, pork and pork...
Persistent link: https://www.econbiz.de/10013053749
In December 2013, low growth rates were displayed by both Russia's exports and imports. Nevertheless, in terms of value, the volume of foreign trade turnover hit its record high of the entire observation period. The Eurasian Economic Commission (EEC) continues its work adjusting the rates of the...
Persistent link: https://www.econbiz.de/10013055358
Early in 2015, a drop in the main indices of the Russian foreign trade amounted to the 2009 crisis level. The existing non-tariff barriers between the Russian Federation and the Republic of Belarus highly complicate trade
Persistent link: https://www.econbiz.de/10013023165
This research paper provides a causality assessment on the linkage between declines in world trade finance and the world trade collapse in the period following the Financial Crisis of 2008 and 2009 as well as the ensuing global trade slowdown. The paper performs Granger Causality tests on two...
Persistent link: https://www.econbiz.de/10012925677
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...
Persistent link: https://www.econbiz.de/10012928627