The granular nature of the great export collapse in German manufacturing industries, 2008/2009

Artikel

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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 7 ; Year: 2013 ; Issue: 2013-5 ; Pages: 1-21 ; Kiel: Kiel Institute for the World Economy (IfW)

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Empirical Studies of Trade ; Business Fluctuations; Cycles
• Thema: exports ; great trade collapse ; granular economy ; Germany ; Exportindustrie ; Wirtschaftskrise ; Finanzmarktkrise ; Export ; Außenwirtschaft ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Wagner, Joachim
• Ereignis: Veröffentlichung
• (wer): Kiel Institute for the World Economy (IfW)
• (wo): Kiel
• (wann): 2013

Weitere Informationen

• DOI: doi:10.5018/economics-ejournal.ja.2013-5
• Handle: http://hdl.handle.net/10419/70100
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ