Intra-good trade in Germany: a first look at the evidence

Research output: Journal contributionsJournal articlesResearchpeer-review

Standard

Intra-good trade in Germany: a first look at the evidence. / Wagner, Joachim.
In: Applied Economics, Vol. 49, No. 57, 08.12.2017, p. 5753-5761.

Research output: Journal contributionsJournal articlesResearchpeer-review

Harvard

APA

Vancouver

Wagner J. Intra-good trade in Germany: a first look at the evidence. Applied Economics. 2017 Dec 8;49(57):5753-5761. doi: 10.1080/00036846.2017.1340576

Bibtex

@article{49007217c7a440b792de1bebf6b05ae0,
title = "Intra-good trade in Germany: a first look at the evidence",
abstract = "This article contributes to the literature by using newly released comprehensive transaction-level data on all exports and imports to document facts about the amount of intra-good trade – the simultaneous export and import of identical goods by one firm – in Germany. Combined data for trade transactions and for characteristics of a representative large sample of trading firms are then used to report differences between firms that export and import different goods only (inter-good traders) and firms that engage in the simultaneous export and import of identical goods (intra-good traders). We find that the share of intra-good trade in total trade was some 17% in Germany in 2012. Intra-good trade matters. This share differs widely between broadly defined groups of goods and between industries. Controlling for detailed industry affiliation, intra-good traders differ significantly from inter-good traders – they are larger, more human capital intensive, more productive, have a higher R&D intensity and are more profitable. The data, however, are not rich enough to reveal the direction of causality between intra-good trade and firm performance and to investigate empirically the reasons why some firms engage in intra-good trade.",
keywords = "exports, Germany, imports, Intra-product trade, two-way trade, Economics",
author = "Joachim Wagner",
year = "2017",
month = dec,
day = "8",
doi = "10.1080/00036846.2017.1340576",
language = "English",
volume = "49",
pages = "5753--5761",
journal = "Applied Economics",
issn = "0003-6846",
publisher = "Taylor & Francis",
number = "57",

}

RIS

TY - JOUR

T1 - Intra-good trade in Germany

T2 - a first look at the evidence

AU - Wagner, Joachim

PY - 2017/12/8

Y1 - 2017/12/8

N2 - This article contributes to the literature by using newly released comprehensive transaction-level data on all exports and imports to document facts about the amount of intra-good trade – the simultaneous export and import of identical goods by one firm – in Germany. Combined data for trade transactions and for characteristics of a representative large sample of trading firms are then used to report differences between firms that export and import different goods only (inter-good traders) and firms that engage in the simultaneous export and import of identical goods (intra-good traders). We find that the share of intra-good trade in total trade was some 17% in Germany in 2012. Intra-good trade matters. This share differs widely between broadly defined groups of goods and between industries. Controlling for detailed industry affiliation, intra-good traders differ significantly from inter-good traders – they are larger, more human capital intensive, more productive, have a higher R&D intensity and are more profitable. The data, however, are not rich enough to reveal the direction of causality between intra-good trade and firm performance and to investigate empirically the reasons why some firms engage in intra-good trade.

AB - This article contributes to the literature by using newly released comprehensive transaction-level data on all exports and imports to document facts about the amount of intra-good trade – the simultaneous export and import of identical goods by one firm – in Germany. Combined data for trade transactions and for characteristics of a representative large sample of trading firms are then used to report differences between firms that export and import different goods only (inter-good traders) and firms that engage in the simultaneous export and import of identical goods (intra-good traders). We find that the share of intra-good trade in total trade was some 17% in Germany in 2012. Intra-good trade matters. This share differs widely between broadly defined groups of goods and between industries. Controlling for detailed industry affiliation, intra-good traders differ significantly from inter-good traders – they are larger, more human capital intensive, more productive, have a higher R&D intensity and are more profitable. The data, however, are not rich enough to reveal the direction of causality between intra-good trade and firm performance and to investigate empirically the reasons why some firms engage in intra-good trade.

KW - exports

KW - Germany

KW - imports

KW - Intra-product trade

KW - two-way trade

KW - Economics

UR - http://www.scopus.com/inward/record.url?scp=85021134796&partnerID=8YFLogxK

U2 - 10.1080/00036846.2017.1340576

DO - 10.1080/00036846.2017.1340576

M3 - Journal articles

AN - SCOPUS:85021134796

VL - 49

SP - 5753

EP - 5761

JO - Applied Economics

JF - Applied Economics

SN - 0003-6846

IS - 57

ER -