Abstract A recent literature explores the nature and causes of the collapse in international trade during 2008 and 2009. The decline was particularly great for automobiles and industrial supplies; it occurred largely along the intensive margin; quantities fell by more than prices; and prices fell less for differentiated products. Do these stylised facts apply to trade collapses more generally? This paper uses detailed, commodity specific information on UK imports between 1929 and 1933, to see to what extent the trade collapses of the Great Depression and Great Recession resembled each other. It also compares the free trading trade collapse of 1929-31 with the protectionist collapse of 1931-3, to see to what extent protection, and gradual recovery from the Great Depression, mattered for UK trade patterns.

中文翻译：

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贸易崩溃的剖析：英国，1929–1933年

摘要最近的文献探讨了2008年至2009年国际贸易崩溃的性质和原因。汽车和工业用品的下降尤为严重。它主要发生在密集的边缘；数量下降多于价格下降；而差异化产品的价格下降幅度较小。这些程式化的事实是否更普遍地适用于贸易崩溃？本文使用有关1929年至1933年之间英国进口商品的详细，特定于商品的信息，以了解大萧条和大萧条的贸易崩溃在多大程度上相似。它还将1929-31年的自由贸易贸易崩溃与1931-3年的贸易保护主义崩溃进行了比较，以了解保护和从大萧条中逐渐复苏对英国的贸易格局有多大影响。