The Role of extensive margins of exports in The Great Export 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 destination countries to the sharp increase in exports of goods in the German economy as a whole during the Great Export Recovery in 2009/2010. The empirical investigation finds that firms that exported in both 2009 and 2010 are much more important for the export dynamics than export starters and export stoppers. Firms that increased their exports (and that were the drivers of the export boom) exported on average more goods and to more destination countries in 2009 than firms that decreased their exports, and they increased both extensive margins of exports on average while firms with decreased exports reduced both the number of goods exported and the number of countries exported to. These empirical regularities can be linked to recent theoretical models of multi-product, multiple-destination exporters that point to a positive link between firm productivity and both extensive margins of exports. Although the data do not allow a direct test of the hypothesis, the evidence at hand justifies that we can argue that the more productive firms with higher and increasing extensive margins of exports are the drivers of The Great Export Recovery of 2009/2010 in Germany.
|Date of creation:||08 Apr 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rudolfs Bems & Robert C. Johnson & Kei-Mu Yi, 2013.
"The Great Trade Collapse,"
Annual Review of Economics,
Annual Reviews, vol. 5(1), pages 375-400, 05.
- Kristian Behrens & Gregory Corcos & Giordano Mion, 2010.
"Trade crisis ? What trade crisis ?,"
Working Paper Research
195, National Bank of Belgium.
- Kristian Behrens & Gregory Corcos & Giordano Mion, 2011. "Trade Crisis ? What Trade Crisis ?," Cahiers de recherche 1117, CIRPEE.
- Kristian Behrens & Giordano Mion, 2010. "Trade crisis? What trade crisis?," LSE Research Online Documents on Economics 48910, London School of Economics and Political Science, LSE Library.
- Kristian Behrens & Gregory Corcos & Giordano Mion, 2010. "Trade Crisis? What Trade Crisis?," CEP Discussion Papers dp0995, Centre for Economic Performance, LSE.
- Giordano Mion, 2011. "Trade crisis - what trade crisis?," CentrePiece - The Magazine for Economic Performance 336, Centre for Economic Performance, LSE.
- Behrens, Kristian & Corcos, Gregory & Mion, Giordano, 2010. "Trade Crisis? What Trade Crisis?," CEPR Discussion Papers 7956, C.E.P.R. Discussion Papers.
- Wagner, Joachim, 2012.
"The granular nature of the great export collapse in German manufacturing industries, 2008/2009,"
Economics Discussion Papers
2012-50, Kiel Institute for the World Economy.
- Wagner, Joachim, 2013. "The granular nature of the great export collapse in German manufacturing industries, 2008/2009," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 7, pages 1-21.
- Joachim Wagner, 2012. "German multiple-product, multiple-destination exporters: Bernard-Redding-Schott under test," Working Paper Series in Economics 242, University of Lüneburg, Institute of Economics.
- Joachim Wagner, 2012. "German multiple-product, multiple-destination exporters: Bernard-Redding-Schott under test," Economics Bulletin, , vol. 32(2), pages 1708-1714.
When requesting a correction, please mention this item's handle: RePEc:hhs:cesisp:0302. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vardan Hovsepyan)
If references are entirely missing, you can add them using this form.