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France, Germany, Italy, and Spain

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  • International Monetary Fund

Abstract

This cross-country paper explains differences in external sector performance among four large euro area countries—France, Germany, Italy, and Spain. The paper discusses that during 2001–04, the performance of the external sector differed markedly among these four largest euro area countries. The study presented in this paper describes the evolution of the traditional determinants of exports and imports—domestic and foreign demand and cost and price competitiveness—and econometrically assesses their contributions to the evolution of trade volumes during the period mentioned.

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File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18692
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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 05/401.

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Length: 27
Date of creation: 08 Nov 2005
Date of revision:
Handle: RePEc:imf:imfscr:05/401

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Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
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Web page: http://www.imf.org/external/pubind.htm
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Related research

Keywords: Exchange rate appreciation; External sector; domestic demand; domestic_demand; world_demand; export performance; export growth; real effective exchange rate; exports of goods; exporters; export price; trade partners; reer; export volumes; import prices; net exports; world demand; import side; unit labor costs; global trade; export prices; trade volumes; export data; trade determinants; export unit; trade growth; export equations; services exports; monetary union; domestic production; world trade; trade openness; share of exports; domestic exporters; exporter; trade shocks; trading partners; global supply; trade partner; total exports; accession countries; imported goods; employment growth; increasing trade; tradable goods; competitive pressures; net export; output growth; terms-of-trade shocks; terms of trade; export developments; area trade;

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Cited by:
  1. THORBECKE, Willem & KATO Atsuyuki, 2012. "The Effect of Exchange Rate Changes on Germany's Exports," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 12081, Research Institute of Economy, Trade and Industry (RIETI).

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