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The current globalisation process is characterized by the emergence of global value chains. That is, production processes are becoming increasingly geographically fragmented. Not only are final goods traded internationally, but in particular, trade in intermediate goods and services has...
Persistent link: https://www.econbiz.de/10009355407
The import penetration of exports has become a topic of public debate, particularly in the context of Germany … export goods and services that are relatively intensive in these factors and should import those goods and services that are …
Persistent link: https://www.econbiz.de/10009348070
We calibrate a closed multi-country input-output model with data from the World Input-Output Database to estimate the size of spillover effects of Germany's final demand on GDP, employment, and the trade balance in Southern European countries. We find that spillover effects are rather small....
Persistent link: https://www.econbiz.de/10011667875
The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...
Persistent link: https://www.econbiz.de/10003944713
The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...
Persistent link: https://www.econbiz.de/10009355411
analysis is based on a large set of indicators of international outsourcing including a new one, the direct and indirect import … content of production, which also takes into account the import content of domestic inputs. In 2006 the intensity of …
Persistent link: https://www.econbiz.de/10014182758
According to empirical studies, a statistically significant factor for German exports success is high cost (or price) competitiveness. Studies by Deutsche Bundesbank recommend correcting the nominal effective exchange rate by broad cost (or price) indicators (Deutsche Bundesbank, 1998, 2016a)....
Persistent link: https://www.econbiz.de/10013169124
This paper provides the first empirical evidence on the link between the number of foreign markets (where a market is defined as the combination of one traded good and one country traded with) a firm is active on and its profitability. We find that in German manufacturing industries the...
Persistent link: https://www.econbiz.de/10011623760
This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 …
Persistent link: https://www.econbiz.de/10011591559
This paper uses information on import transactions by German firms from 2009 to 2012 merged with information on … multiple import sourcing by importing the same good from more than one source country in a year and that a large share of total … imports is due to multiple sourcing. It is shown that the probability of multiple import sourcing and the share of imports …
Persistent link: https://www.econbiz.de/10011591563