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German unification hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...
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German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...
Persistent link: https://www.econbiz.de/10013428333
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low …-income destinations. Second, there is a negative correlation between firms' innovation activity and their export share to low …
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