Belke, Ansgar; Gros, Daniel - 2020
competitiveness yield very different results depending on the base period used, e.g. 1995 (peak of reunification boom), 1999 or 1990 …. A comparison with the preunification period shows little gain in competitiveness. We also find, somewhat surprisingly … the link between export growth and export prices and argue that in the long run exports are not driven by competitiveness …