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We provide novel evidence on the micro-structure of international trade during the 2008 financial crisis and subsequent global recession by exploring a rich firm-level data set from Spain. The focus of our analysis is on changes at the extensive and intensive firm-level margins of trade, as well...
Persistent link: https://www.econbiz.de/10011589905
trade has been notably faster during the covid-19 crisis and led by exports as opposed to the much more important role …
Persistent link: https://www.econbiz.de/10012815314
trade has been notably faster during the covid-19 crisis and led by exports as opposed to the much more important role …
Persistent link: https://www.econbiz.de/10012649491
We provide novel evidence on the micro-structure of international trade during the 2008 financial crisis and subsequent global recession exploring a rich firm-level data set from Spain. The analysis is motivated by the surprisingly strong export performance of Spain in the aftermath of the great...
Persistent link: https://www.econbiz.de/10011268408
This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the decisive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded...
Persistent link: https://www.econbiz.de/10011591559
to establish a causal link between the supply of private credit insurance and exports. I overcome endogeneity issues by … - as an instrument for insured exports. Subsequently, applying the method of instrumental variables and a variety of trade … models, I consistently find a positive and statistically significant effect of private credit insurance on exports. The …
Persistent link: https://www.econbiz.de/10013119123
imports. We show that credit conditions were an important channel through which the crisis affected trade volumes, by … limited access to trade credit, or have few collateralizable assets. Exports of financially vulnerable industries were thus … more sensitive to the cost of external capital than exports of less vulnerable industries, and this sensitivity rose during …
Persistent link: https://www.econbiz.de/10013095517
imports. We show that credit conditions were an important channel through which the crisis affected trade volumes, by … limited access to trade credit, or have few collateralizable assets. Exports of financially vulnerable industries were thus … more sensitive to the cost of external capital than exports of less vulnerable industries, and this sensitivity rose during …
Persistent link: https://www.econbiz.de/10008619288
variation in the skewness of exports across countries and sectors. …
Persistent link: https://www.econbiz.de/10014228271
, however, is relatively unexplored. Recognizing imports' role in bolstering exports can rejuvenate external demand and spur … production processes across different stages and locations within the global economy. The significance of imports in value chains … growth. To examine Indian imports from ASEAN, we utilize the ARDL bounds test for 2011-12 Q1 to 2020-21 Q2. The results …
Persistent link: https://www.econbiz.de/10014517320