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.
| Original language | English |
|---|---|
| Journal | Economics |
| Volume | 7 |
| Issue number | 5 |
| Number of pages | 21 |
| DOIs | |
| Publication status | Published - 13.02.2013 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Research areas and keywords
- Economics
- Exports
- Germany
- Granular economy
- Great trade collapse
ASJC Scopus Subject Areas
- Economics, Econometrics and Finance(all)
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