Fiche du document
2011
- handle: 10670/1.5pxaca
- hal: hal-00639907
Mots-clés
Crisis Trade F - International Economics/F.F4 - Macroeconomic Aspects of International Trade and FinanceSujets proches
Trade Commercial trade Foreign trade Trade TradeCiter ce document
Jean-Charles Bricongne et al., « An Analysis of the Dynamics of French Firms' Exports from 2000 to 2009: lessons for the Recovery », HAL-SHS : économie et finance, ID : 10670/1.5pxaca
Métriques
Partage / Export
Résumé
This chapter draws on yearly data for the period 2000-09 relating to individual French exporters to analyse the changes in France's overall export value in response to demand shocks and to shed light on the debate surrounding trade elasticities. Over the medium term, two-thirds of the increase in overall exports witnessed during the observation period was accounted for by an expansion in existing trade flows, thereby leaving scope for new flows. Over the very short term, by contrast, trade flows adjust mainly at the intensive margin to large swings in demand. All this underlines the potential role of sunk costs, which introduce irreversibility into export decisions.