What Drives Germany's Exports?

This article reviews several hypotheses that aim at explaining the development of German merchandise exports. Based on cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period 1992–2016. The estimation results indicate that,...

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Main Authors: Frenkel Michael, Zimmermann Lilli
Format: Article
Language:English
Published: Sciendo 2020-06-01
Series:International Journal of Management and Economics
Subjects:
Online Access:https://doi.org/10.2478/ijme-2020-0013
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author Frenkel Michael
Zimmermann Lilli
author_facet Frenkel Michael
Zimmermann Lilli
author_sort Frenkel Michael
collection DOAJ
description This article reviews several hypotheses that aim at explaining the development of German merchandise exports. Based on cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period 1992–2016. The estimation results indicate that, in addition to the traditional determinants (world demand and price competitiveness), other determinants, such as energy prices and the increasing fragmentation of production processes, are also crucial in explaining German exports.
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spelling doaj.art-fc2e7fa28e2647d59bc77c41824faf4b2022-12-22T04:36:01ZengSciendoInternational Journal of Management and Economics2543-53612020-06-015629910810.2478/ijme-2020-0013What Drives Germany's Exports?Frenkel Michael0Zimmermann Lilli1WHU - Otto Beisheim School of Management, Germany.Deutsche Bundesbank, University of Applied Sciences, Germany.This article reviews several hypotheses that aim at explaining the development of German merchandise exports. Based on cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period 1992–2016. The estimation results indicate that, in addition to the traditional determinants (world demand and price competitiveness), other determinants, such as energy prices and the increasing fragmentation of production processes, are also crucial in explaining German exports.https://doi.org/10.2478/ijme-2020-0013international tradeexport demandcointegrationc22f4j3
spellingShingle Frenkel Michael
Zimmermann Lilli
What Drives Germany's Exports?
International Journal of Management and Economics
international trade
export demand
cointegration
c22
f4
j3
title What Drives Germany's Exports?
title_full What Drives Germany's Exports?
title_fullStr What Drives Germany's Exports?
title_full_unstemmed What Drives Germany's Exports?
title_short What Drives Germany's Exports?
title_sort what drives germany s exports
topic international trade
export demand
cointegration
c22
f4
j3
url https://doi.org/10.2478/ijme-2020-0013
work_keys_str_mv AT frenkelmichael whatdrivesgermanysexports
AT zimmermannlilli whatdrivesgermanysexports