TY - JOUR

T1 - The Great Export Recovery in German Manufacturing Industries, 2009/2010

AU - Wagner, Joachim

PY - 2013

Y1 - 2013

N2 - This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export recovery in 2010 in manufacturing industries in Germany after the great recession of 2008/ 2009. Almost all of the increase in exports was due to positive changes of exports in firms that continue to export (i. e. at the so-called intensive margin) while the increase of exports due to export starters (at the so-called extensive margin) was tiny. It is shown that very large firms played a decisive role in shaping the export recovery. These findings are remarkably symmetric to the results from an analysis of the great export collapse of 2008/09.

AB - This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export recovery in 2010 in manufacturing industries in Germany after the great recession of 2008/ 2009. Almost all of the increase in exports was due to positive changes of exports in firms that continue to export (i. e. at the so-called intensive margin) while the increase of exports due to export starters (at the so-called extensive margin) was tiny. It is shown that very large firms played a decisive role in shaping the export recovery. These findings are remarkably symmetric to the results from an analysis of the great export collapse of 2008/09.

KW - Economics

KW - exports

KW - great export recovery

KW - granular economy

KW - Germany

U2 - 10.1515/roe-2013-0304

DO - 10.1515/roe-2013-0304

M3 - Journal articles

VL - 64

SP - 325

EP - 340

JO - Jahrbuch für Wirtschaftswissenschaften

JF - Jahrbuch für Wirtschaftswissenschaften

SN - 0948-5139

IS - 3

ER -