@techreport{Wagner2012microstructure,
abstract = {This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown that Idiosyncratic shocks to very large firms played a decisive role in shaping the export collapse.},
address = {L\"{u}neburg},
author = {Joachim Wagner},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F14; E32; 330; exports; great trade collapse; granular economy; Germany; Export; Wirtschaftskrise; Schock; Exportindustrie; Industrieg\"{u}terau\ss{}enhandel; Deutschland},
language = {eng},
number = {233},
publisher = {Univ., Inst. f\"{u}r Volkswirtschaftslehre},
title = {The microstructure of the Great Export Collapse in German manufacturing industries, 2008/2009},
type = {University of L\"{u}neburg Working Paper Series in Economics},
url = {http://hdl.handle.net/10419/57140},
year = {2012}
}
