文章基本信息

标题：Declining Export Prices due to Increased Competition from NIC - Evidence from Germany and the CEEC
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作者：Sebastian Gundel
期刊名称：CeGE-Discussion Paper
印刷版ISSN：1439-2305
出版年度：2007
卷号：2007
出版社：Center for European, Governance and Economic Development
摘要：In this paper the export demand and supply of German manufacturing industry is estimated for the period 1993:1 through 2005:4. The Johansen (1991, 1994) procedure is applied to estimate the long-run relationship in a VECM. Special attention is pointed on the development of the German export price being exposed to the competitive environment of fast growing countries like Hungary, the Czech Republic and Poland. Since they offer similar high-technology products on international export markets and are gaining market share Germanys export price suffers downward pressure
关键词：Manufactured Exports, New Competition, Cointegration, VECM