TY  - JOUR
AU  - Ma, Zihui
AU  - Cheng, Leonard
TI  - The Effects of Financial Crises on International Trade
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 10172
PY  - 2003
Y2  - December 2003
DO  - 10.3386/w10172
UR  - http://www.nber.org/papers/w10172
L1  - http://www.nber.org/papers/w10172.pdf
N1  - Author contact info:
Zihui Ma
Renmin University of China
School of Economics
Beijing, 100872
P.R. China
E-Mail: mazihui@gmail.com

Leonard Cheng
Department of Economics
Clear Water Bay
Kowloon, Hong Kong, CHINA
Hong Kong
E-Mail: leonard@ust.hk
M1  - published as Zihui Ma, Leonard Cheng. "The Effects of Financial Crises on International Trade," in Takatoshi Ito and Andrew K. Rose, editors, "International Trade in East Asia" University of Chicago Press (2005)

AB  - This paper studies empirically the effects of financial crises on international trade.  The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated exports in the longer term.
ER  -