Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18270
Authors: 
Stephan, Sabine
Year of Publication: 
2002
Series/Report no.: 
DIW-Diskussionspapiere 286
Abstract: 
The growth of the German economy intrinsically depends on the development of German exports to the euro area, which is by far the biggest market for German products. The paper estimates a structural equation for the export demand from the EMU member countries, which is suitable for both simulations and short-term forecasts. However, the equation systematically underestimates the export demand for data from 1999 onwards, indicating that German exports have greatly benefited from the introduction of the European Monetary Union--a special effect, that is not considered in the structural equation.
Subjects: 
Export Demand
Income and Price Elasticities
Intra-EMU Trade
Error Correction Model
JEL: 
C52
C22
F47
Document Type: 
Working Paper

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