Paulo Soares Esteves, Elvira Prades, (2016), “On domestic demand and export performance in the euro area countries: does export concentration matter?“, ECB Working Paper 1909, May 2016 During economic downturns, weak domestic demand developments seem to be an additional driver of exports, as firms increase their efforts to serve markets abroad to compensate the fall in domestic sales. This may constitute an additional mechanism adjustment for the euro area countries where …Read More
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