Extensive margins of imports in the great import recovery in Germany, 2009/2010
This paper contributes to the literature by documenting for the first time the contribution of adding (and dropping) goods and countries of origin to the sharp increase in imports of goods in the German economy as a whole during the Great Import Recovery in 2009/2010. The empirical investigation finds that firms that imported in both 2009 and 2010 are much more important for the import dynamics than import starters and import stoppers. Firms that increased their imports (and that were the drivers of the import boom) imported on average more goods and from more countries of origin in 2009 than firms that decreased their imports, and they increased both extensive margins of imports on average while firms with decreased imports reduced both the number of goods imported and the number of countries of origin.
Volume (Year): 33 (2013)
Issue (Month): 4 ()
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- 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 1227, European Central Bank.
- Rudolfs Bems & Robert C. Johnson & Kei-Mu Yi, 2012.
"The Great Trade Collapse,"
NBER Working Papers
18632, National Bureau of Economic Research, Inc.
- Jean-Charles Bricongne & Lionel Fontagné & Guillaume Gaulier & Vincent Vicard, 2011. "An Analysis of the Dynamics of French Firms' Exports from 2000 to 2009: lessons for the Recovery," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00639907, HAL.
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