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"Geschäftsmodell Deutschland" und außenwirtschaftliche Ungleichgewichte in der EU

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  • Ohr, Renate
  • Zeddies, Götz

Abstract

Die vergangenen Jahrzehnte waren weltweit durch eine Zunahme der außenwirtschaftlichen Ungleichgewichte gekennzeichnet. Den Leistungsbilanzüberschussländern, insbesondere Deutschland, wird in diesem Zusammenhang zunehmend vorgeworfen, durch zu moderate Lohnsteigerungen wesentlich zum Aufbau der Ungleichgewichte beigetragen zu haben. Vor diesem Hintergrund werden im vorliegenden Beitrag auf Basis einer Paneldatenanalyse die Determinanten der Leistungsbilanzungleichgewichte in der Europäischen Union ermittelt. Die Ergebnisse zeigen, dass die internationale preisliche Wettbewerbsfähigkeit der Länder nur eine von vielen erklärenden Variablen darstellt. Vielmehr gehen die Ungleichgewichte wesentlich auf unterschiedliche Sparneigungen, sowohl der öffentlichen Hand als auch des privaten Sektors, zurück. Folglich wären die an Deutschland gerichteten Forderungen, zum Abbau der Ungleichgewichte die moderate Lohnpolitik zu beenden, allein nicht zielführend. Stattdessen müssen andere Wege gefunden werden, die Binnennachfrage in den Leistungsbilanzüberschussländern zu stärken und die Ausschöpfung bestehender Sparpotenziale in den Leistungsbilanzdefizitländern zu erhöhen.

Suggested Citation

  • Ohr, Renate & Zeddies, Götz, 2010. ""Geschäftsmodell Deutschland" und außenwirtschaftliche Ungleichgewichte in der EU," University of Göttingen Working Papers in Economics 110, University of Goettingen, Department of Economics.
  • Handle: RePEc:zbw:cegedp:110
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    References listed on IDEAS

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    1. Obstfeld, Maurice & Rogoff, Kenneth, 1995. "The intertemporal approach to the current account," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 34, pages 1731-1799, Elsevier.
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    Cited by:

    1. Projektgruppe Gemeinschaftsdiagnose, 2011. "Gemeinschaftsdiagnose Frühjahr 2011: Aufschwung setzt sich fort - Europäische Schuldenkrise noch ungelöst," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(08), pages 03-63, April.
    2. Zeddies, Götz, 2011. "Der Euro als Triebfeder des deutschen Exports?," University of Göttingen Working Papers in Economics 130, University of Goettingen, Department of Economics.
    3. repec:got:cegedp:130 is not listed on IDEAS

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    More about this item

    Keywords

    non-governmental organizations; foreign aid; administrative costs; fundraising; United States;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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