Open Net Zero logo
Banking Crisis and Exports Dataset
L o a d i n g
Organization
World Bank Group - view all
Update frequencyunknown
Last updated38 minutes ago
Overview

STATA file showing that during a crisis the export growth of a sector with a relatively high reliance on external finance, such as electric machinery, is reduced on average by 4 percentage points compared to a sector like footwear whose dependence is relatively low.  We also find that exports of industries that tend to have more tangible assets grow relatively faster during a banking crisis confirming the hypothesis about the importance of collateral in a context when access to finance becomes scarcer. Finally, using a proxy  for trade credit dependence (Fisman and Love,2003) we show that exports of industries relatively more reliant on inter-firm finance are not affected by a banking crisis more than others.  A potential explanation for this finding is that if importers do not face a crisis themselves they might be willing to accept less favorable payment conditions and extend trade credit to their suppliers in order to allow them to overcome their temporary credit constraints.

Additional Information
KeyValue
Harvest Object Id3b2da999-2f43-408e-bc84-55518754cb5f
Harvest Source Id7018b599-3047-42dd-a6ea-ec72ea057d07
Harvest Source TitleEnergydata.info
Share this Dataset
Trust Signals
Trust Framework(s)None
Assuranceunknown
Data Sensitivity Classunknown
Licenceunknown
Files