EconPapers    
Economics at your fingertips  
 

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

Joachim Wagner ()

No 379, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: 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.

Keywords: Imports; power law; granular residual; Germany (search for similar items in EconPapers)
JEL-codes: E32 F14 L60 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2014-10-14
New Economics Papers: this item is included in nep-bec, nep-eur and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://static.sys.kth.se/itm/wp/cesis/cesiswp379.pdf (application/pdf)

Related works:
Journal Article: A Note on the Granular Nature of Imports in German Manufacturing Industries (2014) Downloads
Working Paper: A note on the granular nature of imports in German manufacturing industries (2014) Downloads
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:hhs:cesisp:0379

Access Statistics for this paper

More papers in Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Vardan Hovsepyan ().

 
Page updated 2020-01-18
Handle: RePEc:hhs:cesisp:0379