全球智库信息集成服务系统(G2TT): The Anatomy of a Trade Collapse: The UK, 1929-33

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w24252
来源ID	Working Paper 24252
	The Anatomy of a Trade Collapse: The UK, 1929-33
	Alan de Bromhead; Alan Fernihough; Markus Lampe; Kevin Hjortshøj O'; Rourke
发表日期	2018-01-29
出版年	2018
语种	英语
摘要	A recent literature explores the nature and causes of the collapse in international trade during 2008 and 2009. The decline was particularly great for automobiles and industrial supplies; it occurred largely along the intensive margin; quantities fell by more than prices; and prices fell less for differentiated products. Do these stylised facts apply to trade collapses more generally? This paper uses detailed, commodity specific information on UK imports between 1929 and 1933, to see to what extent the trade collapses of the Great Depression and Great Recession resembled each other. It also compares the free trading trade collapse of 1929-31 with the protectionist collapse of 1931-3, to see to what extent protection, and gradual recovery from the Great Depression, mattered for UK trade patterns. Deflation was a feature of the 1930s trade collapse, and after 1931 protectionism made the UK's trade collapse geographically unbalanced. Many other features of the two trade collapses are remarkably similar, however. Both took place along the intensive rather than the extensive margin; the same types of goods were particularly badly hit in both instances; and prices of differentiated durable manufactured goods barely fell on either occasion.
主题	International Economics ; Trade ; History ; Other History
URL	https://www.nber.org/papers/w24252
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/581926
推荐引用方式 GB/T 7714	Alan de Bromhead,Alan Fernihough,Markus Lampe,et al. The Anatomy of a Trade Collapse: The UK, 1929-33. 2018.

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
w24252.pdf（638KB）	智库出版物		限制开放	CC BY-NC-SA	浏览