期刊名称：International Journal of Management and Economics
电子版ISSN：2299-9701
出版年度：2020
卷号：56
期号：2
页码：99-108
DOI：10.2478/ijme-2020-0013
出版社：Walter de Gruyter GmbH
摘要：This article reviews several hypotheses that aim at explaining the development of German merchandise exports. Based on cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period 1992–2016. The estimation results indicate that, in addition to the traditional determinants (world demand and price competitiveness), other determinants, such as energy prices and the increasing fragmentation of production processes, are also crucial in explaining German exports.
