Structural Change and the Current Account : The Case of Germany /
Using empirical evidence from panel analysis of current account dynamics and of bilateral trade balances, the paper argues that the large German current account surplus during the 2000s can be explained by an increasing gap between productivity growth in manufacturing vis-à-vis services. Such a gap...
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| Format: | Book Chapter |
| Language: | English |
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Paris :
OECD Publishing,
2012
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| Series: | OECD Economics Department Working Papers
no.940 |
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