The impact of global crises, trade finance and aid on export flows: A developing country perspective

Arbeitspapier

In this paper, we use a mixed-effects trade gravity model on a sample of 83 developing countries over the period 1990-2007 to assess the impact of trade finance and foreign aid on bilateral export flows. In addition to traditional variables, we also include a banking crises variable and a global economic downturns variable among the regressors. Differences across developing regions are taken into account. Our results suggest that: (i) trade finance has a positive and significant impact on bilateral export flows in all developing regions except Latin America; (ii) foreign aid matters in all regions; (iii) global economic downturns exert a negative and significant impact on export flows in all developing countries, and especially in Latin American and Sub-Saharan African economies; (iv) banking crises appear to have no significant impact in most developing regions.

Object Details

• ISBN: 978-87-7605-462-5
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DIIS Working Paper ; No. 2011:17

Classification and Topics

• Classification: Sozialwissenschaften, Soziologie, Anthropologie
• Subject: Entwicklungshilfe ; Internationale Wirtschaft ; Außenwirtschaftsförderung ; Export ; Entwicklungsländer

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Brambila-Macias, Jose ; Massa, Isabella ; Salois, Matthew J.
• Event: Veröffentlichung
• (who): Danish Institute for International Studies (DIIS)
• (where): Copenhagen
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/122240
• Last update: 10.03.2025, 11:41 AM CET