The Collapse of International Trade During the 2008-2009 Crisis: In Search of the Smoking Gun

By Andrei A. Levchenko, Logan Lewis, L. Tesar. 2010

363 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b14fdb524d15c20406ad301ac3ec45a8a52d674e

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In Economics and Econometrics

Citations in the corpus

Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09 (2011, neutral): “…di¤erent components of expenditure and the import content of exports.15 We call this import intensity-adjusted measure of demand IAD, for import-adjusted demand , and 11With respect to explaining the 2008-09 trade collapse, the closest paper to ours is perhaps Levchenko, Lewis, and Tesar (2010).”
Import Competition and the Great US Employment Sag of the 2000s (2015, background): “Explanations for the excess sensitivity of trade flows during the Great Recession include the role of shocks to the credit market and trade finance (Amiti and Weinstein, 2011; Chor and Manova, 2012), and to global production networks (Levchenko et al. 2010).”
Poultry in Motion: A Study of International Trade Finance Practices (2015, neutral): “…(2013), Amiti and Weinstein (2011), Auboin (2009), Baldwin and Evenett (2009), Chor and Manova (2012), Eaton, Kortum, Neiman, and Romalis (2013), Levchenko, Lewis, and Tesar (2010), and Paravisini, Rappoport, Schnabl, and Wolfenzon (2012) each analyze the decline in trade during the recent…”
Global Supply Chains and Trade Policy Responses to the 2008 Crisis (2015, background): “See Eaton et al. (2011) and Levchenko, Lewis, and Tesar (2010) on the former and Chor and Manova (2012) and Ahn, Amiti, and Weinstein (2011) on the latter.”
Firms and the Global Crisis: French Exports in the Turmoil (2012, neutral): “This view that trade ﬁnance played a role in the recent trade crisis is challenged, however, in the case of US imports and exports (Levchenko et al., 2009) and also by the ﬁndings from IMF/BAFT surveys.”
Trade and the global recession (2016, neutral): “9Using U.S. data, Levchenko, Lewis, and Tesar (2010) show that the decline in trade was accompanied by a relative decline in demand for tradables, particularly durable goods.”
The Great Recession: US dynamics and spillovers to the world economy (2012, result): “These findings are also consistent with Dooley and Hutchison (2009) and Levchenko et al. (2010), reporting a large decline in international trade (about 30–40”
How Firms Export: Processing vs. Ordinary Trade with Financial Frictions (2016, neutral): “…production networks and their implications for the transmission of shocks across borders during the 2008–2009 crisis (Bems et al., 2011; Levchenko et al., 2010; Baldwin, 2012).1 An important advance in this area has been the inference of domestic value added and production line…”