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American Economic Review: Vol. 101 No. 3 (May 2011)
AER Volume. 101, Issue 3 | 
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The "Collapse in Quality" Hypothesis
Article Citation
Levchenko, Andrei A.,
Logan T. Lewis, and
Linda L. Tesar. 2011. "The "Collapse in Quality" Hypothesis."
American Economic Review,
101(3): 293-97.
DOI: 10.1257/aer.101.3.293
DOI: 10.1257/aer.101.3.293
Abstract
This paper evaluates the hypothesis that during the 2008-2009 collapse in international trade, imports of higher quality goods experienced larger reductions compared to low-quality imports, using data on US imports disaggregated by HS-10 product category and source country. We find little, if any, robust econometric evidence in support of this hypothesis.
Article Full-Text Access
Full-text Article
Additional Materials
Online Appendix (195.35 KB)
Authors
Levchenko, Andrei A. (U MI)
Lewis, Logan T. (U MI)
Tesar, Linda L. (U MI)
Lewis, Logan T. (U MI)
Tesar, Linda L. (U MI)
JEL Classifications
E32: Business Fluctuations; Cycles
F14: Country and Industry Studies of Trade
F44: International Business Cycles
G01: Financial Crises
F14: Country and Industry Studies of Trade
F44: International Business Cycles
G01: Financial Crises
