Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64820
Authors: 
Wagner, Joachim
Year of Publication: 
2012
Series/Report no.: 
Economics Discussion Papers 2012-50
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.
Subjects: 
exports
great trade collapse
granular economy
Germany
JEL: 
F14
E23
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type: 
Working Paper

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