The great synchronization of international trade collapse

Nikolaos Antonakakis

doi:10.1016/j.econlet.2012.07.041

The great synchronization of international trade collapse

Nikolaos Antonakakis

Vienna University of Economics and Business

Publication: Scientific journal › Journal article › peer-review

53 Downloads (Pure)

Abstract

In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961 to 2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international trade and US recessions. During the great recession of 2007 to 2009, however, international trade experienced the most sudden, severe and globally synchronized collapse.

Original language	English
Pages (from-to)	608 - 614
Journal	Economics Letters
Volume	117
Issue number	3
DOIs	https://doi.org/10.1016/j.econlet.2012.07.041
Publication status	Published - 2012

Austrian Classification of Fields of Science and Technology (ÖFOS)

502003 Foreign trade

Access to Document

10.1016/j.econlet.2012.07.041Licence: Unspecified

ITS EcoLet PrePrintAccepted author manuscript, 614 KBLicence: Other

Cite this

@article{4fef70087258431488ff45c1e8175d65,

title = "The great synchronization of international trade collapse",

abstract = "In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961 to 2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international trade and US recessions. During the great recession of 2007 to 2009, however, international trade experienced the most sudden, severe and globally synchronized collapse.",

author = "Nikolaos Antonakakis",

year = "2012",

doi = "10.1016/j.econlet.2012.07.041",

language = "English",

volume = "117",

pages = "608 -- 614",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier B.V.",

number = "3",

}

TY - JOUR

T1 - The great synchronization of international trade collapse

AU - Antonakakis, Nikolaos

PY - 2012

Y1 - 2012

N2 - In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961 to 2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international trade and US recessions. During the great recession of 2007 to 2009, however, international trade experienced the most sudden, severe and globally synchronized collapse.

AB - In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961 to 2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international trade and US recessions. During the great recession of 2007 to 2009, however, international trade experienced the most sudden, severe and globally synchronized collapse.

UR - http://www.sciencedirect.com/science/article/pii/S0165176512004351?v=s5

U2 - 10.1016/j.econlet.2012.07.041

DO - 10.1016/j.econlet.2012.07.041

M3 - Journal article

SN - 0165-1765

VL - 117

SP - 608

EP - 614

JO - Economics Letters

JF - Economics Letters

IS - 3

ER -

The great synchronization of international trade collapse

Abstract

Austrian Classification of Fields of Science and Technology (ÖFOS)

Access to Document

Other files and links

Other versions

The great synchronization of international trade collapse

Cite this