What explains Germany's rebounding export market share?

Germany's export market share increased since 2000, while most industrial countries experienced declines. This study explores four explanations and evaluates their empirical contributions: (i) improved cost competitiveness, (ii) ties to fast growing trading partners, (iii) increased demand for...

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Bibliographische Detailangaben
1. Verfasser: Danninger, Stephan (VerfasserIn)
Weitere Verfasser: Joutz, Frederick L. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Munich Univ., Center for Economic Studies u.a. 2007
Schriftenreihe:CESifo working paper series Fiscal policy, macroeconomics and growth 1957
Schlagworte:
Export > Welthandel > Konjunkturabschwung > Deutschland > Exportmarkt > Konjunkturaufschwung
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Zusammenfassung:Germany's export market share increased since 2000, while most industrial countries experienced declines. This study explores four explanations and evaluates their empirical contributions: (i) improved cost competitiveness, (ii) ties to fast growing trading partners, (iii) increased demand for capital goods, and (iv) regionalized production of goods (e.g. off-shoring). An export model is estimated covering the period 19932005. The dominant factor explaining the increase in market share are trade relationships with fast growing countries. Regionalized production in the export sector also played a part. Improved cost competitiveness had a comparatively smaller impact. There is no conclusive evidence of increased demand for capital goods.
Beschreibung:Literaturverz. S. 14 - 15
Beschreibung:49 S.
graph. Darst., Tab.