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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 6393

Classification and Topics

• Classification: Wirtschaft ; Empirical Studies of Trade ; Business Fluctuations; Cycles
• Subject: exports ; great trade collapse ; granular economy ; Germany ; Export ; Wirtschaftskrise ; Schock ; Exportindustrie ; Industriegüteraußenhandel ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Wagner, Joachim
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/58480
• URN: urn:nbn:de:101:1-201206146692
• Last update: 10.03.2025, 11:43 AM CET