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Titre La disparition de l'excédent courant allemand : une analyse économétrique
Auteur Éric Dubois
Mir@bel Revue Economie et prévision
Numéro no 107, 1993/1 Études internationales
Rubrique / Thématique
Notes
Page 83-90
Résumé anglais The Disappearance of the German Current Account Surplus: An Econometric Analysis, by Éric Dubois. The considerable German current account surplus of the late 1980s became a deficit in the space of just two years. The econometric analysis made integrates recent developments in cointegration theory and shows that the appearance of this deficit can be largely put down to the usual deciding factors of business lag and losses in competitiveness caused by German reunification, but that, by favouring the emerging market of the new Lander, German exporters would seem to have partially sacrificed their traditional foreign markets.
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