| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16666 |
| 来源ID | Working Paper 16666 |
| Trade and the Global Recession | |
| Jonathan Eaton; Samuel Kortum; Brent Neiman; John Romalis | |
| 发表日期 | 2011-01-06 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We develop a dynamic multi-country general equilibrium model to investigate forces acting on the global economy during the Great Recession and ensuing recovery. Our multi-sector framework accounts completely for countries' trade, investment, production, and GDPs in terms of different sets of shocks. Applying the model to 21 countries, we investigate the 29 percent drop in world trade in manufactures during 2008-2009. A shift in final spending away from tradable sectors, largely caused by declines in durables investment efficiency, account for most of the collapse in trade relative to GDP. Shocks to trade frictions, productivity, and demand play minor roles. |
| 主题 | Macroeconomics ; Business Cycles ; International Economics ; Trade ; International Macroeconomics |
| URL | https://www.nber.org/papers/w16666 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574341 |
| 推荐引用方式 GB/T 7714 | Jonathan Eaton,Samuel Kortum,Brent Neiman,et al. Trade and the Global Recession. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16666.pdf（562KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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