caa a22 4500 467896240 CHVBK 20180406152805.0 cr unu---uuuuu 170328e20061101xx s 000 0 eng 10.1007/s00181-006-0059-4 doi (NATIONALLICENCE)springer-10.1007/s00181-006-0059-4 Stephan Sabine Macroeconomic Policy Institute (IMK) at the Hans-Boeckler-Foundation, Hans-Boeckler-Str. 39, 40476, Duesseldorf, Germany aut German Exports to the Euro Area [Elektronische Daten] [Sabine Stephan] This paper analyzes the determinants of German exports to the euro area, which is the biggest market for German products. Three conditional error-correction models based on regionally disaggregated data are developed. One specification includes EMU industrial production and a real external value based on consumer prices, the other two use different EMU investment aggregates, the orresponding real external values and a proxy for European market integration to explain exports. The models perform equally well in a number of diagnostic tests. For short-term forecasts, however, the model using industrial production seems to be the best, since it outperforms the other models in terms of one-step ahead out-of-sample forecasts. Springer-Verlag, 2006 Export function nationallicence Income and price elasticity of exports nationallicence Intra-EMU trade nationallicence Error-correction model nationallicence Forecasting nationallicence Empirical Economics Springer-Verlag 31/4(2006-11-01), 871-882 0377-7332 31:4<871 2006 31 181 https://doi.org/10.1007/s00181-006-0059-4 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00181-006-0059-4 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Stephan Sabine Macroeconomic Policy Institute (IMK) at the Hans-Boeckler-Foundation, Hans-Boeckler-Str. 39, 40476, Duesseldorf, Germany aut NATIONALLICENCE 773 0- Empirical Economics Springer-Verlag 31/4(2006-11-01), 871-882 0377-7332 31:4<871 2006 31 181 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer