Die Another Day: Duration in German Import Trade
Abstract
International trade patterns at the product level are surprisingly dynamic. The majority of trade relationships exist for just a few, often only one to three, years. In this paper, I examine empirically the duration in German import trade at the 8-digit product level from 1995 to 2005. I find that survival probabilities are affected by exporter characteristics, product type and market structure. Specifically, I show that the duration of exporting a product to Germany is longer for products obtained from countries that are economically large and geographically close to Germany; for products with large trade value and a low elasticity of substitution; and for trade pairs that command a large share of the German import market and are characterized by two-way trade.Download Info
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 2085.Length:
Date of creation: 2007
Date of revision:
Handle: RePEc:ces:ceswps:_2085
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Related research
Keywords: survival; product; relationship; pattern;Other versions of this item:
- Volker Nitsch, 2009. "Die another day: duration in German import trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 145(1), pages 133-154, April.
- Nitsch, Volker, 2008. "Die another day: duration in German import trade," Discussion Papers 2008/17, Free University Berlin, School of Business & Economics.
- Volker Nitsch, 2007. "Die Another Day: Duration in German Import Trade," DEGIT Conference Papers c012_037, DEGIT, Dynamics, Economic Growth, and International Trade.
- Nitsch, Volker, 2009. "Die Another Day: Duration in German Import Trade," Publications of Darmstadt Technical University, Institute of Economics (VWL) 34444, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F19 - International Economics - - Trade - - - Other
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