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

Joachim Wagner

No 2012-50, Economics Discussion Papers from Kiel Institute for the World Economy

Abstract: 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.

Keywords: exports; great trade collapse; granular economy; Germany (search for similar items in EconPapers)
JEL-codes: E23 F14 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2012-50
https://www.econstor.eu/bitstream/10419/64820/1/727375067.pdf (application/pdf)

Related works:
Journal Article: The granular nature of the great export collapse in German manufacturing industries, 2008/2009 (2013)
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:ifwedp:201250

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().