The lumpiness of German exports and imports of goods
Joachim Wagner ()
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2016, vol. 10, No 2016-21, 38 pages
Abstract:
This paper looks at a hitherto neglected extensive margin of international trade by investigating for the first time the frequency at which German exporters and importers trade a given good with a given country. Imports and exports show a high degree of lumpiness. In a given year about half of all firm-good-country combinations are recorded only once or twice for trade with EU-countries, and this is the case for more than 60 percent of all firm-good-country combinations in trade with non-EU countries. The frequency of recorded transactions tends to decline with an increase in the number of transactions per year. This is in accordance with the presence of per-shipment fixed costs that provide an incentive for trading firms to engage in cross-border transactions infrequently. Empirical models show that for Germany the frequency of transactions at the firm-good-country level tends to decrease with an increase in per-shipment costs when unobserved firm and goods characteristics are controlled for.
Keywords: lumpiness of trade; imports; exports; Germany (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://dx.doi.org/10.5018/economics-ejournal.ja.2016-21
https://www.econstor.eu/bitstream/10419/145455/1/866741151.pdf (application/pdf)
Related works:
Working Paper: The Lumpiness of German Exports and Imports of Goods (2016) 
Working Paper: The Lumpiness of German Exports and Imports of Goods (2016) 
Working Paper: The lumpiness of German exports and imports of goods (2016) 
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:zbw:ifweej:201621
DOI: 10.5018/economics-ejournal.ja.2016-21
Access Statistics for this article
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) is currently edited by Dennis J. Snower
More articles in Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().