Are Trade Linkages Important Determinants of Country Vulnerability to Crises

By Kristin J. Forbes. 2001

217 citations recorded by the source corpus.

Subfields: Development, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9eb2b299e11a4f16d75e901ffa514dd4c46c5586

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Development

In Economics and Econometrics

In Finance

Citations in the corpus

Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure (2009, unknown): “ Forbes (2002) measures exposure as the product of the share of exports from the ground zero country to total global trade in that industry (a measure of the importance of the ground zero country in global trade in that industry), and the share of trade in that industry in that country’s GDP (a ”
Financial Contagion on the International Trade Network (2010, unknown): “…a crisis affects incomes and the demand for imports), and a cheap-import effect (when a crisis reduces import prices for a trading partner and acts as a positive supply shock), which are found to be significant in explaining variation in stock market returns during recent crises (Forbes 2001).”
The architecture of globalization: a network approach to international economic integration (2007, background): “…associated with the spectacular economic performance and move out of poverty for large parts of the world (Sachs and Warner, 1995), but also with the increase in the volatility of country-level performance, reflected in several recent episodes of economic and financial " crises " (Forbes 2001).”
Patterns of dominant flows in the world trade web (2007, background): “For instance, it broadly defines the substrate for the transmission of economic policies, cycles, and shocks (Helliwell and Padmore 1985; Glick and Rose 1999; Forbes 2002; Baxter and Kouparitsas 2003; Abeysinghe and Forbes 2005), such as the 1997 Asiatic crisis (Abeysinghe and Forbes 2005; Goldstein”
The Asian flu and Russian virus: the international transmission of crises in firm-level data (2004, background): “11 See Table 2 in Forbes (2000) for additional sample information.”
Volatility Spillovers, Comovements and Contagion in Securitized Real Estate Markets (2011, unknown): “International agreements constitute an important channel of shock transmission as those increase the information flows between partners as discussed in Longstaff (2010)(17) and shown empirically by Forbes (2002). Kallberg et al. (2002) also suggest that firm leverage may be an additional factor for ”
The evolution of the world trade web: a weighted-network analysis (2010, background): “Indeed, as shown by Forbes (2002) and Abeysinghe and Forbes (2005), economic shocks to any single country can be easily transmitted —via trade linkages of any order and non-linear multiplier eﬀects— to countries that are relatively minor bilateral trading parters.”
The “Big C”: identifying and mitigating contagion (2012, unknown): “…the comovement that is not explained by global shocks, linkages through normal trade and economic relationships and country-specific shocks Forbes and Rigobon (2002) " a significant increase in cross-market linkages after a shock to one country (or group of countries) " Kodres and…”