German Exports, Economic Growth and Foreign Demand: An Analysis of the Period 2000–2017

Joaquim Carlos Racy (), Pedro Vartanian and Bruno Dalle Piagge Vendruscolo ()

International Journal of Business, Economics and Management, 2019, vol. 6, issue 6, 335-354

Abstract: Taken as a model of economic success expressed as a position of leadership achieved in an environment of economic integration, Germany has shown a growth based to a large extent on its exports. In this sense, this study aims to identify to what extent – and if – the exports of goods from Germany are conditioned by foreign demand between 2000 and 2017. According to the applied methodology, using an Autoregressive Distributed Lag (ARDL) model and the bounds test for cointegration, the estimated coefficients indicate, for both short and long run, an elastic behavior of German exports relative to the external demand changes. Additionally, in the same period, the results corroborated the positive hypothesis of a long-term relationship between the variables. However, although the statistics and historical analysis point to the weakness of a growth model that relies heavily on exports as a fundamental source of demand, the discussion raised forces reflection on the institutional characteristics that may actually contribute to a better understanding of the aspects that define the evolution of recent German economic history.

Keywords: German exports; Economic growth; Foreign demand; German reunification; Labor market; Economic liberalization (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://archive.conscientiabeam.com/index.php/62/article/view/1226/1737 (application/pdf)
https://archive.conscientiabeam.com/index.php/62/article/view/1226/5031 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pkp:ijobem:v:6:y:2019:i:6:p:335-354:id:1226

Access Statistics for this article

More articles in International Journal of Business, Economics and Management from Conscientia Beam
Bibliographic data for series maintained by Dim Michael ().