Extensive margins of imports in the great import recovery in Germany, 2009/2010
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In: Economics Bulletin, Vol. 33, No. 4, 2013, p. 2732-2743.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Extensive margins of imports in the great import recovery in Germany, 2009/2010
AU - Wagner, Joachim
PY - 2013
Y1 - 2013
N2 - This paper contributes to the literature by documenting for the first time the contribution of adding (and dropping) goods and countries of origin to the sharp increase in imports of goods in the German economy as a whole during the Great Import Recovery in 2009/2010. The empirical investigation finds that firms that imported in both 2009 and 2010 are much more important for the impart dynamics than import starters and import stoppers. Firms that increased their imports (and that were the drivers of the import boom) imported on average more goods and from more countries of origin in 2009 than firms that decreased their imports, and they increased both extensive margins of imports on average while firms with decreased imports reduced both the number of goods imported and the number of countries of origin.
AB - This paper contributes to the literature by documenting for the first time the contribution of adding (and dropping) goods and countries of origin to the sharp increase in imports of goods in the German economy as a whole during the Great Import Recovery in 2009/2010. The empirical investigation finds that firms that imported in both 2009 and 2010 are much more important for the impart dynamics than import starters and import stoppers. Firms that increased their imports (and that were the drivers of the import boom) imported on average more goods and from more countries of origin in 2009 than firms that decreased their imports, and they increased both extensive margins of imports on average while firms with decreased imports reduced both the number of goods imported and the number of countries of origin.
KW - Economics
KW - Economics, empirical/statistics
UR - http://www.scopus.com/inward/record.url?scp=84887197490&partnerID=8YFLogxK
M3 - Journal articles
VL - 33
SP - 2732
EP - 2743
JO - Economics Bulletin
JF - Economics Bulletin
SN - 1545-2921
IS - 4
ER -