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Did international production/distribution networks mitigate the effect of the global financial crisis? Evidence from Taiwan machinery industry

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  • Chin-Ho Lin

Abstract

This study employs survival analysis to investigate how the trade relationships of international production/distribution networks mitigated the negative effects on exports during the global financial crisis of 2008–2009. Using monthly trade data at the most disaggregated level, this study employs January 2009 as the base, which was the worst month of the crisis, to identify whether there were active or inactive trade relationships. We reveal that even in the worst month of the crisis, the country-product pairs had high survival rates for active trade relationships, implying they were major drivers of the recovery of trade values after the crisis.

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  • Chin-Ho Lin, 2018. "Did international production/distribution networks mitigate the effect of the global financial crisis? Evidence from Taiwan machinery industry," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 25(1-2), pages 98-112, January.
    • Handle: RePEc:taf:raaexx:v:25:y:2018:i:1-2:p:98-112
    DOI: 10.1080/16081625.2016.1234937
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    Cited by:

    1. Mushang Lee & Yu-Lan Huang, 2020. "Corporate Social Responsibility and Corporate Performance: A Hybrid Text Mining Algorithm," Sustainability, MDPI, vol. 12(8), pages 1-19, April.
    2. Chin‐Ho Lin, 2020. "Impact of tariff rates on the probability of trade relationship survival: Evidence from ASEAN+6 manufactured goods," Pacific Economic Review, Wiley Blackwell, vol. 25(4), pages 457-474, October.

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