Foreign Capacity Utilisation and German Exports of Capital Goods

The German export industry has traditionally specialised in the supply of capital goods. For this reason, forecasting the exports of capital goods is not only useful for fi rms operating in this sector but also for forecasting total German exports. An important determinant of the demand for capital...

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Bibliographic Details
Published inWirtschaftsdienst (Hamburg) Vol. 92; no. 12; pp. 833 - 837
Main Authors Jannsen, Nils, Richter, Julia
Format Journal Article
LanguageEnglish
Published Berlin/Heidelberg Springer-Verlag 2012
Subjects
Analysen und Berichte
Economic Policy
Economics
Economics and Finance
European Integration
Labor Economics
Macroeconomics/Monetary Economics//Financial Economics
Social Policy
E22
E37
E32
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Summary:The German export industry has traditionally specialised in the supply of capital goods. For this reason, forecasting the exports of capital goods is not only useful for fi rms operating in this sector but also for forecasting total German exports. An important determinant of the demand for capital goods from a theoretical point of view is capacity utilisation. We present an indicator of capacity utilisation in countries that import German goods and show its usefulness for forecasting German capital goods exports. Thus, this indicator is a valuable complement to the set of indicators available for forecasting German exports.
ISSN:0043-6275
1613-978X
DOI:10.1007/s10273-012-1464-2