A note on the granular nature of imports in German manufacturing industries

Joachim Wagner

A note on the granular nature of imports in German manufacturing industries

Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere

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A note on the granular nature of imports in German manufacturing industries. / Wagner, Joachim.
Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2014. (University of Lüneburg Working Paper Series in Economics; Nr. 312).

Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere

Harvard

Wagner, J 2014 'A note on the granular nature of imports in German manufacturing industries' University of Lüneburg Working Paper Series in Economics, Nr. 312, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Wagner, J. (2014). A note on the granular nature of imports in German manufacturing industries. (University of Lüneburg Working Paper Series in Economics; Nr. 312). Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Wagner J. A note on the granular nature of imports in German manufacturing industries. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2014. (University of Lüneburg Working Paper Series in Economics; 312).

Bibtex

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title = "A note on the granular nature of imports in German manufacturing industries",

abstract = "This paper uses an approach recently suggested by Gabaix (Eonometrica 2011) to investigate for the first time the role of idiosyncratic shocks to the largest firms in the dynamics of imports by firms from manufacturing industries. For Germany we find evidence that imports are power-law distributed and that the distribution of imports in the industries can be characterised as fat-tailed. Results show that idiosyncratic shocks to very large firms are important for the import dynamics in 2010/2011 but not in 2009/2010.",

keywords = "Economics, imports, power law, granular residual, Germany",

author = "Joachim Wagner",

year = "2014",

language = "English",

series = "University of L{\"u}neburg Working Paper Series in Economics",

publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

number = "312",

type = "WorkingPaper",

institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - A note on the granular nature of imports in German manufacturing industries

AU - Wagner, Joachim

PY - 2014

Y1 - 2014

N2 - This paper uses an approach recently suggested by Gabaix (Eonometrica 2011) to investigate for the first time the role of idiosyncratic shocks to the largest firms in the dynamics of imports by firms from manufacturing industries. For Germany we find evidence that imports are power-law distributed and that the distribution of imports in the industries can be characterised as fat-tailed. Results show that idiosyncratic shocks to very large firms are important for the import dynamics in 2010/2011 but not in 2009/2010.

AB - This paper uses an approach recently suggested by Gabaix (Eonometrica 2011) to investigate for the first time the role of idiosyncratic shocks to the largest firms in the dynamics of imports by firms from manufacturing industries. For Germany we find evidence that imports are power-law distributed and that the distribution of imports in the industries can be characterised as fat-tailed. Results show that idiosyncratic shocks to very large firms are important for the import dynamics in 2010/2011 but not in 2009/2010.

KW - Economics

KW - imports

KW - power law

KW - granular residual

KW - Germany

M3 - Working papers

T3 - University of Lüneburg Working Paper Series in Economics

BT - A note on the granular nature of imports in German manufacturing industries

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -

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