A note on the granular nature of imports in German manufacturing industries

Arbeitspapier

This paper uses an approach recently suggested by Gabaix (Eonometrica 2011) to investigate for the first time the role of idiosyncratic shocks to the largest firms in the dynamics of imports by firms from manufacturing industries. For Germany we find evidence that imports are power-law distributed and that the distribution of imports in the industries can be characterised as fat-tailed. Results show that idiosyncratic shocks to very large firms are important for the import dynamics in 2010/2011 but not in 2009/2010.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper Series in Economics ; No. 312

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Empirical Studies of Trade ; Business Fluctuations; Cycles ; Industry Studies: Manufacturing: General
• Thema: imports ; power law ; granular residual ; Germany

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Wagner, Joachim
• Ereignis: Veröffentlichung
• (wer): Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
• (wo): Lüneburg
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/106920
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ