Publication:
Global Economic Crisis and Trade : The Role of Trade Facilitation

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dc.contributor.authorDennis, A.
dc.date.accessioned2012-03-30T07:31:50Z
dc.date.available2012-03-30T07:31:50Z
dc.date.issued2010
dc.description.abstractThe onset of the global economic crisis has led to a slump in global demand. However, the extent to which major trading powers have reduced their imports has differed by trading partner. Like financial contagion, could it be the case that countries that are better integrated in the global trading system via efficient trade facilitation environment suffered the most because of their interconnectedness? Using recent data from the US census bureau, this study finds that the efficiency of the trade facilitation environment actually helped to mitigate the effects of the global slump in demand. Other countries with a better trade facilitation environment suffered less of a drop in their exports to the United States compared to those with a weaker trade facilitation environment. Specifically, an extra day's delay in the exporting country accounted for about a 0.5% more fall in import demand from the United States.en
dc.identifier.citationApplied Economics Letters
dc.identifier.issn1350-4851
dc.identifier.urihttps://hdl.handle.net/10986/5215
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.titleGlobal Economic Crisis and Trade : The Role of Trade Facilitationen
dc.title.alternativeApplied Economics Lettersen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.doi10.1080/13504850903409771
okr.identifier.externaldocumentum1910
okr.identifier.internaldocumentumWOS:000284407900002
okr.journal.nbpages1753-1757
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.volume17
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