The Great Export Recovery in German Manufacturing Industries, 2009/2010
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In: Jahrbuch für Wirtschaftswissenschaften, Vol. 64, No. 3, 2013, p. 325-340.
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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 -