Advanced Search
MyIDEAS: Login to save this article or follow this journal

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

Contents:

Author Info

  • Wagner, Joachim

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. --

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://dx.doi.org/10.5018/economics-ejournal.ja.2013-5
Download Restriction: no

File URL: http://econstor.eu/bitstream/10419/70100/1/73708443X.pdf
Download Restriction: no

Bibliographic Info

Article provided by Kiel Institute for the World Economy in its journal Economics: The Open-Access, Open-Assessment E-Journal.

Volume (Year): 7 (2013)
Issue (Month): 5 ()
Pages: 1-21

as in new window
Handle: RePEc:zbw:ifweej:20135

Contact details of provider:
Postal: Kiellinie 66, D-24105 Kiel
Phone: +49 431 8814-1
Fax: +49 431 8814528
Email:
Web page: http://www.economics-ejournal.org/
More information through EDIRC

Related research

Keywords: exports; great trade collapse; granular economy; Germany;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Jonathan Eaton & Marcela Eslava & Maurice Kugler & James Tybout, 2007. "Export Dynamics in Colombia:Firm-Level Evidence," BORRADORES DE ECONOMIA 003957, BANCO DE LA REPÚBLICA.
  2. Vincenzo Verardi & Christophe Croux, 2009. "Robust regression in Stata," Stata Journal, StataCorp LP, StataCorp LP, vol. 9(3), pages 439-453, September.
  3. Andrew B Bernard & J Bradford Jensen, 2001. "Entry, Expansion, and Intensity in the U.S. Export Boom, 1987-1992," Working Papers, Center for Economic Studies, U.S. Census Bureau 01-09, Center for Economic Studies, U.S. Census Bureau.
  4. Giorgio Barba Navaretti & Matteo Bugamelli & Fabiano Schivardi & Carlo Altomonte & Daniel Horgos & Daniela Maggioni, . "The global operations of European firms - The second EFIGE policy report," Blueprints, Bruegel, number 581, December.
  5. Stephen J Redding & Peter K Schott & Andrew B Bernard, 2007. "Multi-product Firms and Trade Liberalization," 2007 Meeting Papers, Society for Economic Dynamics 44, Society for Economic Dynamics.
  6. Xavier Gabaix, 2005. "The Granular Origins of Aggregate Fluctuations," 2005 Meeting Papers, Society for Economic Dynamics 470, Society for Economic Dynamics.
  7. Xavier Gabaix & Rustam Ibragimov, 2011. "Rank - 1 / 2: A Simple Way to Improve the OLS Estimation of Tail Exponents," Journal of Business & Economic Statistics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 29(1), pages 24-39, January.
  8. Stephen J. Redding, 2011. "Theories of Heterogeneous Firms and Trade," Annual Review of Economics, Annual Reviews, Annual Reviews, vol. 3(1), pages 77-105, 09.
  9. Thomas William Dorsey & Mika Saito & Armine Khachatryan & Irena Asmundson & Ioana Niculcea, 2011. "Trade and Trade Finance in the 2008-20+L460609 Financial Crisis," IMF Working Papers, International Monetary Fund 11/16, International Monetary Fund.
  10. repec:cbi:wpaper:2/rt/07 is not listed on IDEAS
  11. Samuel S. Kortum & Jonathan Eaton & Brent Neiman & John Romalis, 2010. "Trade and the Global Recession," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade c015_002, DEGIT, Dynamics, Economic Growth, and International Trade.
  12. Anne Marie Gleeson & Frances Ruane, 2007. "Irish Manufacturing Export Dynamics: Evidence of Exporter Heterogeneity in Boom and Slump Periods," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 143(2), pages 375-388, July.
  13. Xavier Gabaix, 2009. "Power Laws in Economics and Finance," Annual Review of Economics, Annual Reviews, Annual Reviews, vol. 1(1), pages 255-294, 05.
  14. Michael Konold, 2007. "European Data Watch: New possibilities for economic research through integration of establishment-level panel data of German official statistics," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, Duncker & Humblot, Berlin, vol. 127(2), pages 321-334.
  15. Joachim Wagner, 2008. "A note on why more West than East German firms export," International Economics and Economic Policy, Springer, Springer, vol. 5(4), pages 363-370, December.
  16. Jyrki Ali-Yrkkö & Neil Foster-McGregor & Doris Hanzl-Weiss & Petri Rouvinen & Timo Seppälä & Robert Stehrer & Roman Stöllinger & Pekka Ylä-Anttila, 2011. "Trade in Intermediate Products and EU Manufacturing Supply Chains," wiiw Research Reports 369, The Vienna Institute for International Economic Studies, wiiw.
  17. Lawless, Martina, 2009. "Firm export dynamics and the geography of trade," Journal of International Economics, Elsevier, Elsevier, vol. 77(2), pages 245-254, April.
  18. Juan de Lucio & Ra�l Mínguez-Fuentes & Asier Minondo & Francisco Requena-Silvente, 2011. "The extensive and intensive margins of Spanish trade," International Review of Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 25(5), pages 615-631, January.
  19. Vincenzo Verardi & Alice McCathie, 2012. "The S-estimator of multivariate location and scatter in Stata," Stata Journal, StataCorp LP, StataCorp LP, vol. 12(2), pages 299–307, June.
  20. Bricongne, Jean-Charles & Fontagné, Lionel & Gaulier, Guillaume & Taglioni, Daria & Vicard, Vincent, 2010. "Exports and sectoral financial dependence: evidence on French firms during the great global crisis," Working Paper Series, European Central Bank 1227, European Central Bank.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Wagner, Joachim, 2013. "The Role of extensive margins of exports in The Great Export Recovery in Germany, 2009/2010," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies 302, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:zbw:ifweej:20135. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.