Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73160
Authors: 
Wagner, Joachim
Year of Publication: 
2012
Series/Report no.: 
University of Lüneburg Working Paper Series in Economics 253
Abstract: 
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.
Subjects: 
Exports
great export recovery
granular economy
Germany
JEL: 
F14
E32
Document Type: 
Working Paper

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