期刊名称：INTERNATIONAL ECONOMICS STUDIES (RESEARCH BULLETIN OF ISFAHAN UNIVERSITY (HUMANITIES))
印刷版ISSN：2008-9643
出版年度：2012
卷号：40
期号：1
页码：47-56
DOI：10.22108/IES.2633.15552
语种：English
出版社：UNIVERSITY OF ISFAHAN
摘要：The recent global crisis, as a big crash ( Baldwin and Simon , 2009), has reduced foreign demand growth affecting total countriesâ exports. Given the importance of foreign trade to nations and the reality that recent crisis has affected international trade we study the effects of the global financial crisis on trade relations between countries by using Ma and Cheng (2003) approach and by applying gravity model to both selected developed and developing countries during 1998-2010. Emprical results have approved negative effects of financial crisis on international trade in the countries under consideration. The result obtained is evident that such incidence seems to be significant to explain a sharp fall in the world exports.
