The Leading eBooks Store Online 4,267,188 members ⚫ 1,417,821 ebooks

New to

Learn more

What Explains Germany's Rebounding Export Market Share?

What Explains Germany's Rebounding Export Market Share? by Frederick L. Joutz
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
Germany's export market share increased since 2000, while most industrial countries experienced declines. This study explores four explanations and evaluates their empirical contributions: (i) improved cost competitiveness, (ii) ties to fast growing trading partners, (iii) increased demand for capital goods, and (iv) regionalized production of goods (e.g. offshoring). An export model is estimated covering the period 1993-2005. The dominant factors explaining the increase in market share are trade relationships with fast growing countries and regionalized production in the export sector. Improved cost competitiveness had a comparatively smaller impact. There is no conclusive evidence of increased demand for capital goods.
International Monetary Fund; February 2007
49 pages; ISBN 9781452794525
Read online, or download in secure EPUB or secure PDF format
Title: What Explains Germany's Rebounding Export Market Share?
Author: Frederick L. Joutz; Stephan Danninger