Arbeitspapier
The granular nature of the great export collapse in German manufacturing industries, 2008/2009
This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown that idiosyncratic shocks to very large firms played a decisive role in shaping the export collapse.
- Sprache
-
Englisch
- Erschienen in
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Series: Economics Discussion Papers ; No. 2012-50
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
Macroeconomics: Production
- Thema
-
exports
great trade collapse
granular economy
Germany
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wagner, Joachim
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wagner, Joachim
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2012