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The pathological export boom

Author

Listed:
  • Hans-Werner Sinn
  • Karlhans Sauernheimer
  • Tobias Seidel
  • Rolf Ackermann
  • Michael Pflüger
  • Nikolaus Piper
  • Johann Hahlen
  • Peter Bernholz
  • Michael Schmid

Abstract

The German economy is enigmatic: although Germany is the world's export (vice) champion, at the same time it suffers from on-going economic and employment weakness. Is the export boom an expression of unchanged international competitiveness and is the growth and employment weakness only a business-cycle problem resulting from weak domestic demand? Or is the juxtaposition of economic crisis and export boom a locational problem for Germany in general and a wage problem in particular?

Suggested Citation

  • Hans-Werner Sinn & Karlhans Sauernheimer & Tobias Seidel & Rolf Ackermann & Michael Pflüger & Nikolaus Piper & Johann Hahlen & Peter Bernholz & Michael Schmid, 2006. "The pathological export boom," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(01), pages 03-32, January.
  • Handle: RePEc:ces:ifosdt:v:59:y:2006:i:01:p:03-32
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    References listed on IDEAS

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    1. Hans-Werner Sinn, 2005. "Bazaar Economy GermanyWorld Champion Exporter or Laggard?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(06), pages 03-42, March.
    2. repec:ces:ifosdt:v::y:2005:i::p:03-42 is not listed on IDEAS
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    Cited by:

    1. Christian Ragacs & Beate Resch & Klaus Vondra, 2011. "Austria’s Manufacturing Competitiveness," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 35-61.

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    More about this item

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

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