Working Paper Series in Economics and Institutions of Innovation,
Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

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.

Keywords: Exports; great export recovery; granular economy; Germany

JEL-codes: E32; F14

23 pages, November 6, 2012

Full text files

cesiswp288.pdf  

Download statistics

• Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies
• Home page for this series

Questions (including download problems) about the papers in this series should be directed to Vardan Hovsepyan ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:cesisp:0288This page generated on 2024-09-13 22:14:26.