TY - UNPB

T1 - German multiple-product, multiple-destination exporters: Bernard-Redding-Schott under test

AU - Wagner, Joachim

PY - 2012

Y1 - 2012

N2 - Export is dominated by enterprises that trade more than one good with customers in more than one destination country. Germany, one of the leading actors on the world market for goods, is a case in point. Theoretical models of multiple-product, multiple-destination exporters that can guide empirical research of their production and export decisions are still rare. Recently, Bernard, Redding and Schott (QJE 2011) published a general equilibrium model that serves this purpose and find support for many of its implications in U. S. trade data. This note uses newly available transaction-level data for German manufacturing firms for an empirical test of implications of this model. Results are strikingly similar to findings reported for the United States.

AB - Export is dominated by enterprises that trade more than one good with customers in more than one destination country. Germany, one of the leading actors on the world market for goods, is a case in point. Theoretical models of multiple-product, multiple-destination exporters that can guide empirical research of their production and export decisions are still rare. Recently, Bernard, Redding and Schott (QJE 2011) published a general equilibrium model that serves this purpose and find support for many of its implications in U. S. trade data. This note uses newly available transaction-level data for German manufacturing firms for an empirical test of implications of this model. Results are strikingly similar to findings reported for the United States.

KW - Economics

KW - multi-product exporters

KW - multi-country exporters

KW - Germany

M3 - Working papers

T3 - University of Lüneburg Working Paper Series in Economics

BT - German multiple-product, multiple-destination exporters: Bernard-Redding-Schott under test

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -