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Competitiveness in the Southern Euro Area: France, Greece, Italy, Portugal, and Spain

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Author Info
Yuan Xiao
Marialuz Moreno-Badia
Werner Schule
Herman Z. Bennett
Julio Escolano
Stefania Fabrizio
Eva Gutierrez
Bogdan Lissovolik
Stephen Tokarick
Iryna V. Ivaschenko

Additional information is available for the following registered author(s):

Abstract

This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation (sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors. Disaggregated analysis of goods and services export markets provides insights on aspects such as quality, market concentration, growth of destination markets, and geographical and sectoral diversification. Also, increased import penetration, offshoring and FDI could improve productivity and export performance.

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Publisher Info
Paper provided by International Monetary Fund in its series IMF Working Papers with number 08/112.

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Length: 114 pages
Date of creation: 01 May 2008
Date of revision:
Handle: RePEc:imf:imfwpa:08/112

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Related research
Keywords: Working Paper ; France ; Greece ; Italy ; Portugal ; Spain ; Competition ; Exports ; Markets ; International trade ; Foreign investment ; Exchange rates ; Productivity ; Resource allocation ;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Pierre-Richard Agénor, 1995. "Competitiveness and External Trade Performance of the French Manufacturing Industry," IMF Working Papers 95/137, International Monetary Fund.
  2. Sarma Jayanthi & Tamim Bayoumi & Jaewoo Lee, 2005. "New Rates from New Weights," IMF Working Papers 05/99, International Monetary Fund. [Downloadable!]
    Other versions:
  3. Ian Marsh & Stephen Tokarick, 1996. "An assessment of three measures of competitiveness," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 132(4), pages 700-722, December. [Downloadable!] (restricted)
  4. Menzie Chinn, 2006. "A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation," Open Economies Review, Springer, vol. 17(1), pages 115-143, January. [Downloadable!] (restricted)
    Other versions:
  5. J. Peter Neary, 2006. "Measuring Competitiveness," IMF Working Papers 06/209, International Monetary Fund. [Downloadable!]
    Other versions:
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This page was last updated on 2009-11-20.


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