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The anatomy of a trade collapse: the UK, 1929-33

Abstract:

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 ...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Oxford Economic and Social History Working Papers
Publication date:
2018-01-22
Paper number:
160
Keywords:
Pubs id:
833904
Local pid:
pubs:833904
Deposit date:
2020-12-14

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