French Exporters and the Global Crisis

Chapitre d'ouvrage: 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.

Auteur(s)

Lionel Fontagné, Guillaume Gaulier

Éditeur(s)
  • CEPR, London
Éditeur(s) scientifique(s)
  • Richard Baldwin
Collection
  • e-book VOX
Titre de l’ouvrage
  • The Great Trade Collapse: Causes, Consequences and Prospects
Date de publication
  • 2009
Mots-clés JEL
F10 F4
Pages
  • 143-150
Version
  • 1