<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>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.</p>
</abstract>

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.

What Drives Germany's Exports?

International Journal of Management and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"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...

What Drives Germany's Exports?

Article Category: Empirical Paper

Online veröffentlicht: 30. Juni 2020

Seitenbereich: 99 - 108

Eingereicht: 30. Okt. 2019

Akzeptiert: 18. Apr. 2020

DOI: https://doi.org/10.2478/ijme-2020-0013

Schlüsselwörter
international trade, export demand, cointegration

© 2020 Michael Frenkel et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

What Drives Germany's Exports?

Article Category: Empirical Paper

Online veröffentlicht: 30. Juni 2020

Seitenbereich: 99 - 108

Eingereicht: 30. Okt. 2019

Akzeptiert: 18. Apr. 2020

DOI: https://doi.org/10.2478/ijme-2020-0013

Schlüsselwörterinternational trade, export demand, cointegration

© 2020 Michael Frenkel et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Schlüsselwörter
international trade, export demand, cointegration