Arbeitspapier
The lumpiness of German exports and imports of goods
This paper looks at a hitherto neglected extensive margin of international trade by investigating for the first time the frequency at which German exporters and importers trade a given good with a given country. Imports and exports show a high degree of lumpiness. In a given year about half of all firm-good-country combinations are recorded only once or twice for trade with EU-countries, and this is the case for more than 60 percent of all firm-goodcountry combinations in trade with non-EU countries. The frequency of recorded transactions tends to decline with an increase in the number of transactions per year. This is in accordance with the presence of per-shipment fixed costs that provide an incentive for trading firms to engage in cross-border transactions infrequently. Empirical models show that for Germany the frequency of transactions at the firm-good-country level tends to decrease with an increase in per-shipment costs when unobserved firm and goods characteristics are controlled for.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper Series in Economics ; No. 359
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
- Thema
-
lumpiness of trade
imports
exports
Germany
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wagner, Joachim
- Ereignis
-
Veröffentlichung
- (wer)
-
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
- (wo)
-
Lüneburg
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wagner, Joachim
- Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
Entstanden
- 2016