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Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Working Paper Series in Economics No. 253
Verlag: 
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre, Lüneburg
Zusammenfassung: 
This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export recovery in 2010 in manufacturing industries in Germany after the great recession of 2008/2009. Almost all of the increase in exports was due to positive changes of exports in firms that continue to export (i.e. at the so-called intensive margin) while the increase of exports due to export starters (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 recovery. These findings are remarkably symmetric to the results from an analysis of the great export collapse of 2008/09.
Schlagwörter: 
Exports
great export recovery
granular economy
Germany
JEL: 
F14
E32
Dokumentart: 
Working Paper

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