Why Do Imports Fall More than Exports Especially During Crises? Evidence from Selected Asian Economies

Publication | April 2012

This paper examines exports and imports during crisis via a standard import specification augmented with differential and time-varying impacts of each component of aggregate demand: consumption, investment, government spending, and exports. Several important variables in explaining import demand such as credit conditions and business and consumer sentiment are also included.

Contents 

  • Abstract
  • Introduction
  • Literature Review and Stylized Facts
  • Econometric Specification
  • Data and Estimation Issues
  • Results
  • Conclusion
  • References
  • Appendix

Additional Details

Author
Type
Series
Subjects
  • Economics
  • Industry and trade
SKU
  • WPS124491

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