Arbeitspapier
The anatomy of a trade collapse: The UK, 1929-33
A recent literature explores the nature and causes of the collapse in international trade during 2008 and 2009. The decline was particularly great for automobiles and industrial supplies; it occurred largely along the intensive margin; quantities fell by more than prices; and prices fell less for differentiated products. Do these stylised facts apply to trade collapses more generally? This paper uses detailed, commodityspecific information on UK imports between 1929 and 1933, to see to what extent the trade collapses of the Great Depression and Great Recession resembled each other. It also compares the free trading trade collapse of 1929-31 with the protectionist collapse of 1931-3, to see to what extent protection, and gradual recovery from the Great Depression, mattered for UK trade patterns.
- Language
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Englisch
- Bibliographic citation
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Series: QUCEH Working Paper Series ; No. 2018-02
- Classification
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Wirtschaft
Empirical Studies of Trade
Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
Economic History: Transport, Trade, Energy, Technology, and Other Services: Europe: 1913-
- Subject
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Great Depression
Great Recession
trade
protectionism
- Event
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Geistige Schöpfung
- (who)
-
De Bromhead, Alan
Fernihough, Alan
Lampe, Markus
O'Rourke, Kevin H.
- Event
-
Veröffentlichung
- (who)
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Queen's University Centre for Economic History (QUCEH)
- (where)
-
Belfast
- (when)
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2018
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- De Bromhead, Alan
- Fernihough, Alan
- Lampe, Markus
- O'Rourke, Kevin H.
- Queen's University Centre for Economic History (QUCEH)
Time of origin
- 2018
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