IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v65y2012i05p20-34.html

Dichtung und Wahrheit: Deutschlands Position bei Lohnstückkosten, Extrahandel und realen Wechselkursen in der Eurozone – was sagt die Statistik?

Author

Listed:
  • Georg Erber

Abstract

Georg Erber, Deutsches Institut für Wirtschaftsforschung (DIW), Berlin, untersucht die vorhandenen statistischen Daten zu den realen Lohnstückkosten, zum Extrahandel und zu den realen effektiven Wechselkursen der EU-Länder, der Eurozone sowie weiterer Länder der Weltwirtschaft und zeigt, inwieweit die vorhandenen statistischen Informationen die Aussage stützen, Deutschland sei der Hauptprofiteur der Währungsunion. Die Analyse der vorhandenen Daten lässt diesbezüglich erhebliche Zweifel aufkommen. Zum einen zeigen die Schwankungen der realen Lohnstückkosten, dass es keinen nachhaltigen Trend gegeben hat. Des Weiteren zeigt sich, dass die gestiegene preisliche Wettbewerbsfähigkeit Deutschlands aufgrund eines geringeren Lohnstückkostenanstiegs nicht den zu erwartenden überproportionalen Anstieg der Exporte Deutschlands bewirkt hat. Stattdessen haben Deutschlands Exporte gegenüber denen von Ländern außerhalb der Eurozone deutlich stärker zugenommen als im Vergleich innerhalb der Eurozone. Dabei spielte gemessen am realen effektiven Wechselkurs ein deutlicher Anstieg der preislichen Wettbewerbsfähigkeit nur bedingt eine Rolle. Eher sind hier die Spezialisierung auf Investitionsgüter und langlebige Konsumgüter sowie hohe Qualitätsstandards und Innovationsfähigkeit als Wettbewerbsfaktoren entscheidend.

Suggested Citation

  • Georg Erber, 2012. "Dichtung und Wahrheit: Deutschlands Position bei Lohnstückkosten, Extrahandel und realen Wechselkursen in der Eurozone – was sagt die Statistik?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(05), pages 20-34, March.
  • Handle: RePEc:ces:ifosdt:v:65:y:2012:i:05:p:20-34
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2012_5_3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Buch, Claudia M. & Piazolo, Daniel, 2001. "Capital and trade flows in Europe and the impact of enlargement," Economic Systems, Elsevier, vol. 25(3), pages 183-214, September.
    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


    Cited by:

    1. Erber, Georg & Hagemann, Harald, 2012. "Wachstums- und Investitionsdynamik in Deutschland," Violette Reihe: Schriftenreihe des Promotionsschwerpunkts "Globalisierung und Beschäftigung" 36/2012, University of Hohenheim, Carl von Ossietzky University Oldenburg, Evangelisches Studienwerk.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Virag-Neumann, Ildiko, 2015. "Impacts of EU Enlargement Process: A Gravity Model Approach," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2015), Kotor, Montengero, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Kotor, Montengero, 10-11 September 2015, pages 453-460, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    2. Joze Damijan & José de Sousa & Olivier Lamotte, 2010. "Trade Liberalization in Southeastern Europe," Chapters, in: Robert E.B. Lucas & Lyn Squire & T. N. Srinivasan (ed.), Global Exchange and Poverty, chapter 4, Edward Elgar Publishing.
    3. Piazolo, Daniel & Kokta, Robert M. & Buch, Claudia M., 2001. "Does the East Get What Would Otherwise Flow to the South? FDI Diversion in Europe," Kiel Working Papers 1061, Kiel Institute for the World Economy (IfW Kiel).
    4. repec:ezo:ezppap:wp07 is not listed on IDEAS
    5. Ehrlich, Laura, 2002. "The EU Single Market and Customs Policy: Impact on Estonian Foreign Trade," Discussion Papers 797, The Research Institute of the Finnish Economy.
    6. Horst Siebert, 2002. "Europe – Quo Vadis? Reflections on the Future Institutional Framework of the European Union," The World Economy, Wiley Blackwell, vol. 25(1), pages 1-32, January.
    7. Helena Marques & Hugh Metcalf, 2003. "Extending the EU Single Market Eastwards: Sectoral Trade and Real Wage Effects," Discussion Paper Series 2003_10, Department of Economics, Loughborough University, revised Oct 2003.
    8. Haselmann, Rainer & Helmut, Herwartz, 2005. "The Introduction of the Euro and its Effects on Investment Decisions," Economics Working Papers 2005-15, Christian-Albrechts-University of Kiel, Department of Economics.
    9. Curran, Louise & Zignago, Soledad, 2012. "EU enlargement and the evolution of European production networks," Research in International Business and Finance, Elsevier, vol. 26(2), pages 240-257.
    10. Gül, ERTAN ÖZGÜZER, 2007. "May Free Capital mobility before accession be unfavorable for admission to the EU ?," Discussion Papers (ECON - Département des Sciences Economiques) 2007035, Université catholique de Louvain, Département des Sciences Economiques.
    11. Jean-Joseph Boillot & Alexis Mariani, 2002. "La Mise en œuvre conjointe du protocole de Kyoto, un double dividende pour la France et pour les Pays d'Europe Centrale et Orientale," Revue d'Économie Financière, Programme National Persée, vol. 66(2), pages 101-118.
    12. Oxana Babecká Kucharčuková & Jan Babecký & Martin Raiser, 2012. "Gravity Approach for Modelling International Trade in South-Eastern Europe and the Commonwealth of Independent States: The Role of Geography, Policy and Institutions," Open Economies Review, Springer, vol. 23(2), pages 277-301, April.
    13. Wilfried Altzinger & Peter Egger & Peter Huber & Kurt Kratena & Michael Pfaffermayr & Michael Wüger, 2000. "Teilprojekt 5: Transnationale Direktinvestitionen und Kooperationen," WIFO Studies, WIFO, number 19587, June.
    14. Farha Fatema & Mohammad Monirul Islam, 2020. "Driving Forces of Marine Fisheries and Seafood Export of Bangladesh: Augmented Gravity Model Approach," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 8(2), pages 106-122, June.
    15. Lukas Mohler & Michael Seitz, 2012. "The gains from variety in the European Union," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 148(3), pages 475-500, September.
    16. Mitze, Timo & Breidenbach, Philipp, 2018. "Economic integration and growth at the margin: A space-time incremental impact analysis," Ruhr Economic Papers 775, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    17. Peter Nunnenkamp, 2002. "Die Auswirkungen der EU-Osterweiterung auf die Direktinvestitionen und deren Rückwirkungen," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(11), pages 13-19, June.
    18. Shaker, Saber Adly, 2017. "الأبعاد الثقافية للتجارة الدولية: حالة دول إتفاقية أغادير [The Cultural Dimensions of International Trade: The Case of AGADIR Agreement countries]," MPRA Paper 81761, University Library of Munich, Germany, revised 2017.
    19. Florian Neagu, 2003. "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," International Finance 0310002, University Library of Munich, Germany.
    20. Strauß, Hubert, 2001. "Cointegration Analysis in an Inflationary Environment: What Can We Learn from Ukraine's Nominal Exports?," Kiel Working Papers 1084, Kiel Institute for the World Economy (IfW Kiel).
    21. Haselmann, Rainer & Herwartz, Helmut, 2010. "The introduction of the Euro and its effects on portfolio decisions," Journal of International Money and Finance, Elsevier, vol. 29(1), pages 94-110, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:65:y:2012:i:05:p:20-34. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.