German multiple-product, multiple-destination exporters: Bernard-Redding-Schott under test
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2012. (University of Lüneburg Working Paper Series in Economics; No. 242).
Research output: Working paper › Working papers
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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 -