Abstract：Dealing with the mechanism of excessive adjustment of global trade under crisis shocks, the current literature’s analysis includes weak external demand, credit crunch, production collapse, trade protection and vertical integration. This paper argues that the factors that current literature covers can explain the mechanism of excessive adjustment of global trade under crisis shocks to some extent, but has not disclosed the fundament cause, which is the combination of evolution of international labor division and intermediate product stock adjustment. This should be the research direction in the future.
戴翔. 危机冲击与全球贸易“超调式”震荡成因的研究综述[J]. , 2012, 1(3): 39-46.
DAI Xiang. Literature Review on Cause of Crisis Shocks over Excessive Adjustment of Global Trade. , 2012, 1(3): 39-46.
2012, Vol. 1 
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