Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks?

This paper provides evidence of the presence and relevance of a credit-chain amplification mechanism by looking at its implications for the correlation of industries. In particular, it tests the hypothesis that an increase in the use of trade-credit along the input-output chain linking two industrie...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Raddatz, Claudio E. 1973- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2008
Schlagworte:
Online-Zugang:kostenfrei
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!

MARC

LEADER 00000nam a2200000 c 4500
001 BV040619129
003 DE-604
005 20241118
007 cr|uuu---uuuuu
008 121206s2008 xxu o|||| 00||| eng d
035 |a (ZDB-1-WBA)093230761 
035 |a (OCoLC)837158584 
035 |a (DE-599)GBVNLM005466911 
040 |a DE-604  |b ger  |e aacr 
041 0 |a eng 
044 |a xxu  |c XD-US 
049 |a DE-12  |a DE-1102  |a DE-1051  |a DE-521  |a DE-863  |a DE-862  |a DE-522  |a DE-858  |a DE-573  |a DE-860  |a DE-1046  |a DE-1047  |a DE-Aug4  |a DE-2070s  |a DE-M347  |a DE-1049  |a DE-898  |a DE-128  |a DE-M352  |a DE-70  |a DE-92  |a DE-150  |a DE-155  |a DE-22  |a DE-91  |a DE-384  |a DE-473  |a DE-19  |a DE-739  |a DE-20  |a DE-703  |a DE-706  |a DE-355  |a DE-29  |a DE-859  |a DE-Re13  |a DE-523 
100 1 |a Raddatz, Claudio E.  |d 1973-  |e Verfasser  |0 (DE-588)124083552  |4 aut 
245 1 0 |a Credit Chains And Sectoral Comovement  |b Does The Use of Trade Credit Amplify Sectoral Shocks?  |c Raddatz, Claudio 
264 1 |a Washington, D.C  |b The World Bank  |c 2008 
300 |a 1 Online-Ressource (53 Seiten) 
336 |b txt  |2 rdacontent 
337 |b c  |2 rdamedia 
338 |b cr  |2 rdacarrier 
500 |a Weitere Ausgabe: Raddatz, Claudio: Credit Chains And Sectoral Comovement 
520 1 |a This paper provides evidence of the presence and relevance of a credit-chain amplification mechanism by looking at its implications for the correlation of industries. In particular, it tests the hypothesis that an increase in the use of trade-credit along the input-output chain linking two industries results in an increase in their correlation. The analysis uses detailed data on the correlations and input-output relations of 378 manufacturing industry-pairs across 44 countries with different degrees of use of trade credit. The results provide strong support for this hypothesis and indicate that the mechanism is quantitatively relevant 
534 |c 2008 
653 |a Access to Finance 
653 |a Adverse effect 
653 |a Bankruptcy 
653 |a Bankruptcy and Resolution of Financial Distress 
653 |a Business cycles 
653 |a Central Bank 
653 |a Debt 
653 |a Debt Markets 
653 |a Economic Theory and Research 
653 |a Finance and Financial Sector Development 
653 |a Interest rate 
653 |a Investment and Investment Climate 
653 |a Liquidity 
653 |a Macroeconomics 
653 |a Macroeconomics and Economic Growth 
653 |a Risk neutral 
653 |a Value added 
776 0 8 |i Reproduktion von  |a Raddatz, Claudio  |t Credit Chains And Sectoral Comovement  |d 2008 
856 4 0 |u https://hdl.handle.net/10986/6414  |x Verlag  |z kostenfrei  |3 Volltext 
912 |a ZDB-1-WBA 
943 1 |a oai:aleph.bib-bvb.de:BVB01-025446628 

Datensatz im Suchindex

DE-BY-TUM_katkey 1901545
_version_ 1820886498698854400
adam_text
any_adam_object
author Raddatz, Claudio E. 1973-
author_GND (DE-588)124083552
author_facet Raddatz, Claudio E. 1973-
author_role aut
author_sort Raddatz, Claudio E. 1973-
author_variant c e r ce cer
building Verbundindex
bvnumber BV040619129
collection ZDB-1-WBA
ctrlnum (ZDB-1-WBA)093230761
(OCoLC)837158584
(DE-599)GBVNLM005466911
discipline Wirtschaftswissenschaften
format Electronic
eBook
fullrecord <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV040619129</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20241118</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">121206s2008 xxu o|||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)093230761</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)837158584</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005466911</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-1051</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-2070s</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-128</subfield><subfield code="a">DE-M352</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-150</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-523</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Raddatz, Claudio E.</subfield><subfield code="d">1973-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)124083552</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Credit Chains And Sectoral Comovement</subfield><subfield code="b">Does The Use of Trade Credit Amplify Sectoral Shocks?</subfield><subfield code="c">Raddatz, Claudio</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2008</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (53 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Weitere Ausgabe: Raddatz, Claudio: Credit Chains And Sectoral Comovement</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">This paper provides evidence of the presence and relevance of a credit-chain amplification mechanism by looking at its implications for the correlation of industries. In particular, it tests the hypothesis that an increase in the use of trade-credit along the input-output chain linking two industries results in an increase in their correlation. The analysis uses detailed data on the correlations and input-output relations of 378 manufacturing industry-pairs across 44 countries with different degrees of use of trade credit. The results provide strong support for this hypothesis and indicate that the mechanism is quantitatively relevant</subfield></datafield><datafield tag="534" ind1=" " ind2=" "><subfield code="c">2008</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Access to Finance</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Adverse effect</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Bankruptcy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Bankruptcy and Resolution of Financial Distress</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Business cycles</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Central Bank</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Debt</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Debt Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Economic Theory and Research</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Interest rate</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Investment and Investment Climate</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Liquidity</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Macroeconomics</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Macroeconomics and Economic Growth</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Risk neutral</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Value added</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Raddatz, Claudio</subfield><subfield code="t">Credit Chains And Sectoral Comovement</subfield><subfield code="d">2008</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://hdl.handle.net/10986/6414</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025446628</subfield></datafield></record></collection>
id DE-604.BV040619129
illustrated Not Illustrated
indexdate 2025-01-02T13:02:22Z
institution BVB
language English
oai_aleph_id oai:aleph.bib-bvb.de:BVB01-025446628
oclc_num 837158584
open_access_boolean 1
owner DE-12
DE-1102
DE-1051
DE-521
DE-863
DE-BY-FWS
DE-862
DE-BY-FWS
DE-522
DE-858
DE-573
DE-860
DE-1046
DE-1047
DE-Aug4
DE-2070s
DE-M347
DE-1049
DE-898
DE-BY-UBR
DE-128
DE-M352
DE-70
DE-92
DE-150
DE-155
DE-BY-UBR
DE-22
DE-BY-UBG
DE-91
DE-BY-TUM
DE-384
DE-473
DE-BY-UBG
DE-19
DE-BY-UBM
DE-739
DE-20
DE-703
DE-706
DE-355
DE-BY-UBR
DE-29
DE-859
DE-Re13
DE-BY-UBR
DE-523
owner_facet DE-12
DE-1102
DE-1051
DE-521
DE-863
DE-BY-FWS
DE-862
DE-BY-FWS
DE-522
DE-858
DE-573
DE-860
DE-1046
DE-1047
DE-Aug4
DE-2070s
DE-M347
DE-1049
DE-898
DE-BY-UBR
DE-128
DE-M352
DE-70
DE-92
DE-150
DE-155
DE-BY-UBR
DE-22
DE-BY-UBG
DE-91
DE-BY-TUM
DE-384
DE-473
DE-BY-UBG
DE-19
DE-BY-UBM
DE-739
DE-20
DE-703
DE-706
DE-355
DE-BY-UBR
DE-29
DE-859
DE-Re13
DE-BY-UBR
DE-523
physical 1 Online-Ressource (53 Seiten)
psigel ZDB-1-WBA
publishDate 2008
publishDateSearch 2008
publishDateSort 2008
publisher The World Bank
record_format marc
spellingShingle Raddatz, Claudio E. 1973-
Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks?
title Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks?
title_auth Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks?
title_exact_search Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks?
title_full Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks? Raddatz, Claudio
title_fullStr Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks? Raddatz, Claudio
title_full_unstemmed Credit Chains And Sectoral Comovement Does The Use of Trade Credit Amplify Sectoral Shocks? Raddatz, Claudio
title_short Credit Chains And Sectoral Comovement
title_sort credit chains and sectoral comovement does the use of trade credit amplify sectoral shocks
title_sub Does The Use of Trade Credit Amplify Sectoral Shocks?
url https://hdl.handle.net/10986/6414
work_keys_str_mv AT raddatzclaudioe creditchainsandsectoralcomovementdoestheuseoftradecreditamplifysectoralshocks