Replication data for: US Trade and Inventory Dynamics
- Alessandria, George
- Kaboski, Joseph P.
- Midrigan, Virgiliu
AbstractWe examine the source of the large fall and rebound in US trade in the recent recession. While trade fell and rebounded more than expenditures or production of traded goods, we find that relative to the magnitude of the downturn, these trade fluctuations were in line with those in previous business cycle fluctuations. We argue that the high volatility of trade is attributed to more severe inventory management considerations of firms involved in international trade. We present empirical evidence for autos as well as at the aggregate level that the adjustment of inventory holdings help explain these fluctuations in trade.
Is supplement to
DOI: 10.1257/aer.101.3.303 (Text)
Alessandria, George, Joseph P Kaboski, and Virgiliu Midrigan. “US Trade and Inventory Dynamics.” American Economic Review 101, no. 3 (May 2011): 303–7. https://doi.org/10.1257/aer.101.3.303.
- ID: 10.1257/aer.101.3.303 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11