The Resource Going Down: The Asian Crisis and United States Exports
Going Down: The Asian Crisis and United States Exports
Resource Information
The item Going Down: The Asian Crisis and United States Exports represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.This item is available to borrow from 1 library branch.
Resource Information
The item Going Down: The Asian Crisis and United States Exports represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bates College.
This item is available to borrow from 1 library branch.
- 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
- Note
- 1203
- Label
- Going Down: The Asian Crisis and United States Exports
- Title
- Going Down: The Asian Crisis and United States Exports
- 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
- Note
- 1203
- Control code
- ICPSR01203.v1
- Governing access note
- Access restricted to subscribing institutions
- Label
- Going Down: The Asian Crisis and United States Exports
- Note
- 1203
- Control code
- ICPSR01203.v1
- Governing access note
- Access restricted to subscribing institutions
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bates.edu/portal/Going-Down-The-Asian-Crisis-and-United-States/E3JeyAX4M1M/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bates.edu/portal/Going-Down-The-Asian-Crisis-and-United-States/E3JeyAX4M1M/">Going Down: The Asian Crisis and United States Exports</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bates.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bates.edu/">Bates College</a></span></span></span></span></div>