French Exporters and the Global Crisis

Lionel Fontagné and Guillaume Gaulier

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: Detailed firm-level data on French exporters suggests most of the trade collapse occurred in exporters' volumes rather than the number of exporters. Small exporters suffered similarly to their larger counterparts. There is clear evidence that the impact was greatest on firms in sectors that rely most heavily on external finance. Thus, the crisis may not have long-lasting effects on aggregate export capacity - the reservoir of small and promising firms has not been decimated- but firms may reorganise to reduce vulnerability to external financing.

Keywords: Trade collapse; crisis; firms (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

Published in Richard Baldwin. The Great Trade Collapse: Causes, Consequences and Prospects, CEPR, London, pp.143-150, 2009, e-book VOX

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Working Paper: French Exporters and the Global Crisis (2009)
Working Paper: French Exporters and the Global Crisis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00639845

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