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How strong is the impact of exports and other demand components on German import demand? Evidence from euro-area and non-euro-area imports

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dc.creator Stirböck, Claudia
dc.date 2006
dc.date.accessioned 2013-10-16T07:06:13Z
dc.date.available 2013-10-16T07:06:13Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19668
dc.identifier ppn:521035996
dc.identifier RePEc:zbw:bubdp1:5166
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19668
dc.description This paper presents a single error-correction analysis of German total, euro-area (intra) and non-euro-area (extra) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by domestic demand and foreign demand for German goods; by contrast, the price sensitivity of German imports is low. We note a greater propensity to import with respect to an increase in investment compared to a rise in consumption, yet find that export goods have the highest marginal import content. The influence of export demand on the German economy?s import demand is growing, with the marginal propensity to import being higher for extra imports than for intra imports; in addition, the reagibility of the former has intensified perceptibly since the 1990s. The price sensitivity of intra imports is not only higher but, unlike that of extra imports, is also significant and has increased at the current end.
dc.language eng
dc.relation Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,39
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C22
dc.subject E20
dc.subject F41
dc.subject ddc:330
dc.subject Import demand
dc.subject intra and extra euro-area imports
dc.subject import content
dc.subject single equation error-correction
dc.subject Importnachfrage
dc.subject Gesamtwirtschaftliche Nachfrage
dc.subject Export
dc.subject Preiselastizität
dc.subject Schätzung
dc.subject Deutschland
dc.title How strong is the impact of exports and other demand components on German import demand? Evidence from euro-area and non-euro-area imports
dc.type doc-type:workingPaper
dc.coverage 1980-2004


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