Arbeitspapier
Trade Synchronisation During Major Economic Crises
In this paper we present a new long-term database on monthly export and import series for 23 economies during 1921-2010 and its first empirical application. Using these data, we analyse the synchronised decline in foreign trade during the recession 2008-09 in a historical perspective. We investigate the following two research questions: First, we compare the degree of synchronisation of trade flows among the past major economic crises. Second, we investigate the synchronisation of the speed of the recovery after these recessions. In order to answer these questions we use both, descriptive statistics (like rolling correlations) and turning-point oriented measures (Bry-Boschan routine, Markov switching model).
- Sprache
-
Englisch
- Erschienen in
-
Series: WIFO Working Papers ; No. 449
- Klassifikation
-
Wirtschaft
- Thema
-
Synchronisation
Trade collapse
Turning Points
Economic History
Internationale Wirtschaft
Konjunkturzusammenhang
Konjunktureller Wendepunkt
Wirtschaftsgeschichte
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bärenthaler-Sieber, Susanne
Bilek-Steindl, Sandra
Glocker, Christian
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Institute of Economic Research (WIFO)
- (wo)
-
Vienna
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bärenthaler-Sieber, Susanne
- Bilek-Steindl, Sandra
- Glocker, Christian
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2013
Ähnliche Objekte (12)
Estonian Economic Policy during Global Financial Crises
Fiscal rules migate economic setbacks during crises
Improving the availability of trade finance during financial crises
Scapegoating during crises
Political protest during economic crises : protest against the crisis or the crises of protests?
Trade, finance and financial crises
Trade, finance and financial crises
Macroeconomic Interdependencies During Financial Crises
Equilibrium Unemployment during Financial Crises
Business cycle synchronisation: disentangling trade and financial linkages
Income distribution and economic crises
Surviving economic crises through education
Estonian Economic Policy during Global Financial Crises
Fiscal rules migate economic setbacks during crises
Improving the availability of trade finance during financial crises
Scapegoating during crises
Political protest during economic crises : protest against the crisis or the crises of protests?
Trade, finance and financial crises
Trade, finance and financial crises
Macroeconomic Interdependencies During Financial Crises
Equilibrium Unemployment during Financial Crises
Business cycle synchronisation: disentangling trade and financial linkages
Income distribution and economic crises
Surviving economic crises through education
Estonian Economic Policy during Global Financial Crises
Fiscal rules migate economic setbacks during crises
Improving the availability of trade finance during financial crises
Scapegoating during crises
Political protest during economic crises : protest against the crisis or the crises of protests?
Trade, finance and financial crises
Trade, finance and financial crises
Macroeconomic Interdependencies During Financial Crises
Equilibrium Unemployment during Financial Crises
Business cycle synchronisation: disentangling trade and financial linkages
Income distribution and economic crises