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Geography, exchange rates and trade structures: Germany's export performance since the 1950s

Published online by Cambridge University Press:  07 September 2006

Ludger Lindlar  and
Carl-Ludwig Holtfrerich
Ludger Lindlar
Affiliation:
Faculty of Economics, Department of Economics, University of Groningen, P.O. Box 800, 9700 AN Groningen, The Netherlands and the Duitsland Instituut at the University of Amsterdam, The Netherlands
Carl-Ludwig Holtfrerich
Affiliation:
John F. Kennedy Institut für Nordamerikastudien, Freie Universität Berlin, Germany
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Abstract

This paper surveys West Germany's export performance since the 1950s, focusing on geography, the exchange rate regime, and international specialisation. It emphasises the importance of Europe as a ‘natural trading bloc’, with Germany at its centre. It challenges the claim that Germany's export boom of the 1950s and 1960s can be mainly explained by relatively low domestic cost increases. It further challenges the claim that Germany's export position has been transformed from early maturity to relative decline.

Type
Articles
Information
European Review of Economic History , Volume 1 , Issue 2 , August 1997 , pp. 217 - 246
Copyright
Cambridge University Press 1997

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