How Do Banking Crises Affect Bilateral Exports is popular PDF and ePub book, written by Mr.Youssouf Kiendrebeogo in 2013-06-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, How Do Banking Crises Affect Bilateral Exports can be Read Online from any device for your convenience.
How Do Banking Crises Affect Bilateral Exports Book PDF Summary
This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports through supply-side and demand-side shocks. We then estimate a gravity model using a sample of developed and developing countries over the period 1988-2010. The results suggest that crisis-hit countries experience lower levels of bilateral exports, particularly in developing countries where supply-side shocks are found to be relatively more important than demand shocks. In developing countries, exports of manufactured goods are disproportionately hurt by banking crises and this negative effect is stronger in industries relying more on external finance. These findings are robust to correcting for potential endogeneity, to changes in the sample, and to alternative estimation methods.
Detail Book of How Do Banking Crises Affect Bilateral Exports PDF
- Author : Mr.Youssouf Kiendrebeogo
- Release : 19 June 2013
- Publisher : International Monetary Fund
- ISBN : 9781475576276
- Genre : Business & Economics
- Total Page : 41 pages
- Language : English
- PDF File Size : 12,5 Mb
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