IDEAS home Printed from https://ideas.repec.org/p/bep/itfapp/1122.html
   My bibliography  Save this paper

EMU's Impact on the European Productive Structure, Increased Divergence? Empirical Data on Finland, France, Ireland, and Portugal

Author

Listed:
  • Helio Vale

    (Universidade Nova de Lisboa)

Abstract

With the launching of the European Monetary Union came fears of increased specialization, and potential industry-specific shocks that would endanger the stability within the common currency area. We investigate the impact of the introduction of the euro on the spatial distribution (specialization) of economic activities in four euro zone countries: France, Ireland, Portugal, and Finland. Evidence of a statistical significant increase in specialization is found after the introduction of the euro, in several manufacturing industries, with services playing a downward pressure on countries' specialization level. At the regional level there is evidence of an increase in similarity between regions and the countries they belong to, and the EU15.This paper, First Place Co-Winner of the Best Student Paper Award, was presented at the 18th International Conference of the International Trade and Finance Association, meeting at Universidade Nova de Lisboa, Lisbon, Portugal, on May 22, 2008.Key words: European Integration, Euro, Specialization, Regions.JEL Classification: F14, F15, R12, R15.

Suggested Citation

  • Helio Vale, 2008. "EMU's Impact on the European Productive Structure, Increased Divergence? Empirical Data on Finland, France, Ireland, and Portugal," International Trade and Finance Association Conference Papers 1122, International Trade and Finance Association.
    • Handle: RePEc:bep:itfapp:1122
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    european integration; euro; specialization; regions.jel classification: f14; f15; r12; r15.;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bep:itfapp:1122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/itfaeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.