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Exports versus FDI in German manufacturing: firm performance and participation in international markets

Arnold, Jens Matthias; Hussinger, Katrin - Deutsche Bundesbank - 2006

domestic market, better performers engage in export activities, and the top firms establish foreign subsidiaries. Using German …

Persistent link: https://www.econbiz.de/10005083169

Political risk and export promotion: evidence from Germany

Moser, Christoph; Nestmann, Thorsten; Wedow, Michael - Deutsche Bundesbank - 2006

investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and … importing country in order to evaluate the effect of export guarantees. The idea behind export promotion through public export … exports. As a consequence, firms' export activities are limited in the absence of insurance provision. Using a novel data set …

Persistent link: https://www.econbiz.de/10005083292

Learning on the quick and cheap: gains from trade through imported expertise

Markusen, James R.; Rutherford, Thomas F. - Deutsche Bundesbank - 2005

Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here we focus on production by foreign experts who may train domestic unskilled workers who work with...

Persistent link: https://www.econbiz.de/10005083301

Testing the O-ring theory for FDI

Engemann, Martina; Lindemann, Henrike - Deutsche Bundesbank - 2013

Modern production processes often involve several sequential stages which are performed in many different countries. This pattern of vertical specialization does not only affect trade between countries but it is also of importance for foreign direct investment (FDI). In this paper, we therefore...

Persistent link: https://www.econbiz.de/10010957096

Trade balances of the central and east European EU member states and the role of foreign direct investment

Herrmann, Sabine; Jochem, Axel - Deutsche Bundesbank - 2005

be important factors for the export performance. Against this background the prospects for the Czech Republic, Hungary …

Persistent link: https://www.econbiz.de/10005083271

Transmission of nominal exchange rate changes to export prices and trade flows and implications for exchange rate policy

Hoffmann, Mathias; Holtemöller, Oliver - Deutsche Bundesbank - 2009

We discuss how the welfare ranking of fixed and flexible exchange rate regimes in a New Open Economy Macroeconomics model depends on the interplay between the degree of exchange rate pass-through and the elasticity of substitution between home and foreign goods. We identify combinations of these...

Persistent link: https://www.econbiz.de/10005059025