Coverart for item
The Resource Going Down: The Asian Crisis and United States Exports

Going Down: The Asian Crisis and United States Exports

Label
Going Down: The Asian Crisis and United States Exports
Title
Going Down: The Asian Crisis and United States Exports
Creator
Contributor
Author
Contributor
Subject
Summary
The Asian financial and economic crisis has attracted much attention to the trade links among the United States and countries throughout Asia. Until the crisis, United States exports to East Asia were growing rapidly. In this article, the authors examine the abrupt decline in exports and provide estimates of the sizes of the export shock both to the United States economy as a whole and to specific sectors. More than half the industries they studied experienced declines in exports to East Asia of more than 15 percent. However, focusing solely on the export data overstates the importance of these declines for the industries in question. The effect of the decline depends on the extent to which that industry relies on the East Asian market to sell its output. Incorporating the export declines with the market share data indicates the extent to which each industry has been affected. For most industries, the decline in exports lowered growth by 0.4 percentage points or less. For some industries, such as the nonelectrical machinery industry, the export shock reduced output by 1 percent or more
http://library.link/vocab/creatorName
  • Pollard, Patricia S
  • Inter-university Consortium for Political and Social Research [distributor]
http://library.link/vocab/relatedWorkOrContributorName
Coughlin, Cletus C.
Label
Going Down: The Asian Crisis and United States Exports
Instantiates
Publication
Note
1203
Control code
ICPSR01203.v1
Governing access note
Access restricted to subscribing institutions
Label
Going Down: The Asian Crisis and United States Exports
Publication
Note
1203
Control code
ICPSR01203.v1
Governing access note
Access restricted to subscribing institutions

Library Locations

    • Ladd LibraryBorrow it
      48 Campus Ave, Lewiston, ME, 04240, US
      44.105245 -70.203443
Processing Feedback ...