German Exports: Impact on the Selected EU Countries

Juráček Marek ()
Additional contact information
Juráček Marek: Mendel University in Brno, Faculty of Business and Economics, Department of Finance, Czech Republic.

Review of Economic Perspectives, 2021, vol. 21, issue 1, 41-55

Abstract: This research focuses on the impact of German exports on exports of the other selected EU countries. We used the Global VAR approach to build a robust trade model between 23 EU countries, the USA, and China. By stressing this model with different shocks, we were able to observe how exports of the EU countries react to German loss of competitiveness and decline of demand from Germany. Based on our simulation, we could identify countries which i. are Germany’s competitors and would benefit from German loss of competitiveness, ii. are tied with German trade so tightly that loss of German competitiveness would negatively affect their exports.

Keywords: International trade; Global VAR; German exports; European Union (search for similar items in EconPapers)
JEL-codes: F14 F15 F45 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/revecp-2021-0003 (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:vrs:reoecp:v:21:y:2021:i:1:p:41-55:n:5

DOI: 10.2478/revecp-2021-0003

Access Statistics for this article

Review of Economic Perspectives is currently edited by Antonín Slaný

More articles in Review of Economic Perspectives from Sciendo
Bibliographic data for series maintained by Peter Golla ().