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Die Preisbildung im westdeutschen Außenhandel: Eine empirische Analyse

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  • Fischer, Malte

Abstract

Which factors determine the prices of West German expörts and imports? To answer this question, two single equation error correction modeis are applied. Export prices turn out to be mainly determined by prices for concurrent goods proiduced abroad, whereas unit labor costs and the nominal exchange-rate of the D-Mark only have minor impacts on export prices. Import prices are significantly influenced by producer prices abroad, domestic prices for import substitutes, the nominal exchange-rate of the D-Mark and - to a smaller degree - by commodity prices. The modeis are fmally used to simulate the reaction of export and import prices to changes of the exogenous variables.

Suggested Citation

  • Fischer, Malte, 1996. "Die Preisbildung im westdeutschen Außenhandel: Eine empirische Analyse," Kiel Working Papers 782, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:782
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    References listed on IDEAS

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    Cited by:

    1. Boss, Alfred & Döpke, Jörg & Fischer, Malte & Langfeldt, Enno & Lapp, Susanne & Schatz, Klaus-Werner, 1997. "Deutsche Konjunktur weiter aufwärtsgerichtet," Open Access Publications from Kiel Institute for the World Economy 1707, Kiel Institute for the World Economy (IfW Kiel).
    2. Boss, Alfred & Döpke, Jörg & Fischer, Malte & Langfeldt, Enno & Lapp, Susanne & Schatz, Klaus-Werner, 1997. "Aufschwung in Deutschland: mehr Schub von der Inlandsnachfrage," Open Access Publications from Kiel Institute for the World Economy 1697, Kiel Institute for the World Economy (IfW Kiel).
    3. Boss, Alfred & Döpke, Jörg & Fischer, Malte & Langfeldt, Enno & Schatz, Klaus-Werner & Scheide, Joachim, 1997. "Bundesrepublik Deutschland: Exportboom treibt Konjunktur," Open Access Publications from Kiel Institute for the World Economy 1727, Kiel Institute for the World Economy (IfW Kiel).

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    More about this item

    Keywords

    International Trade; Time-Series Models; Simulations;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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