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German Exports: Impact on the Selected EU Countries
- Source :
- Review of Economic Perspectives, Vol 21, Iss 1, Pp 41-55 (2021)
- Publication Year :
- 2021
- Publisher :
- Walter de Gruyter GmbH, 2021.
-
Abstract
- This research focuses on the impact of German exports on exports of the other selected EU countries. We used the Global VAR approach to build a robust trade model between 23 EU countries, the USA, and China. By stressing this model with different shocks, we were able to observe how exports of the EU countries react to German loss of competitiveness and decline of demand from Germany. Based on our simulation, we could identify countries which i. are Germany’s competitors and would benefit from German loss of competitiveness, ii. are tied with German trade so tightly that loss of German competitiveness would negatively affect their exports.
- Subjects :
- f15
f14
global var
International trade
Eu countries
German
German exports
0502 economics and business
ddc:330
media_common.cataloged_instance
European Union
f45
050207 economics
European union
China
HB71-74
european union
media_common
050208 finance
F14
F15
international trade
05 social sciences
Competitor analysis
International economics
language.human_language
Economics as a science
Global VAR
language
german exports
F45
Business
General Economics, Econometrics and Finance
Subjects
Details
- ISSN :
- 18041663
- Volume :
- 21
- Database :
- OpenAIRE
- Journal :
- Review of Economic Perspectives
- Accession number :
- edsair.doi.dedup.....aa7a025646a226007bd7052c92bf929f