Data for: Banking Crises and Exports: Lessons from the Past

Published: 1 Feb 2019 | Version 1 | DOI: 10.17632/dwnb9fspdn.1

Description of this data

This dataset and do file allow replicating the results of the paper Banking Crises Banking Crises and Exports: Lessons from the Past. This paper analyzes the impact of banking crises on manufacturing exports, exploiting the fact that sectors differ in their needs for external financing. Relying on data from 160 developed and developing countries during 1970-2012, we analyze 147 banking crisis episodes and separate their impact on export growth from the impact of other exogenous shocks (e.g., demand shocks, exchange rate shocks). Our findings show that during a crisis, the exports of sectors more dependent on external finance grow significantly less than other sectors. However, this result holds only for sectors that depend on banking finance as opposed to interfirm finance (i.e., trade finance or trade credit). For sectors that depend heavily on banking finance, the effect of banking crises on exports is robust, additional to external demand shocks, and not driven by exchange rate shocks.

The database includes trade data from WITS for 1976-2012 and from NBER for 1970-1975 at the ISIC rev. 2 3-digits level, crisis data from Laeven and Valencia (2013), a measure of external dependence based on Rajan and Zingales (1998), Trade Credit from Fisman and Love (2003) and Tangibility from Kroszner et al. (2007).

A README file is included, explaining how to obtain the results.

Experiment data files

This data is associated with the following publication:

Banking crises and exports: Lessons from the past

Published in: Journal of Development Economics

Latest version

  • Version 1

    2019-02-01

    Published: 2019-02-01

    DOI: 10.17632/dwnb9fspdn.1

    Cite this dataset

    Iacovone, Leonardo; Ferro, Esteban; Pereira-López, Mariana; Zavacka, Veronika (2019), “Data for: Banking Crises and Exports: Lessons from the Past”, Mendeley Data, v1 http://dx.doi.org/10.17632/dwnb9fspdn.1

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Categories

Economics, Financial Crisis, Financial Aspect of Economic Integration, Empirical Study of Trade

Licence

CC BY NC 3.0 Learn more

The files associated with this dataset are licensed under a Attribution-NonCommercial 3.0 Unported licence.

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You are free to adapt, copy or redistribute the material, providing you attribute appropriately and do not use the material for commercial purposes.

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