Quotation Antonakakis, Nikolaos. 2012. The great synchronization of international trade collapse. Economics Letters 117 (3): 608-614.




In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961 to 2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international trade and US recessions. During the great recession of 2007 to 2009, however, international trade experienced the most sudden, severe and globally synchronized collapse.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Economics Letters
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, STRAT-B, VW-B, WH-B
Language English
Title The great synchronization of international trade collapse
Volume 117
Number 3
Year 2012
Page from 608
Page to 614
Reviewed? Y
URL http://www.sciencedirect.com/science/article/pii/S0165176512004351?v=s5


Antonakakis, Nikolaos (Former researcher)
Research areas (Ă–STAT Classification 'Statistik Austria')
5300 Economics (Details)
5344 Foreign trade (Details)
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