Competitiveness in the Southern Euro Area; France, Greece, Italy, Portugal, and Spain
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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- J Peter Neary, 2005.
200521, School of Economics, University College Dublin.
- Bayoumi, Tamim & Jayanthi, Sarma & Lee, Jaewoo, 2006.
"New Rates from New Weights,"
CEPR Discussion Papers
5860, C.E.P.R. Discussion Papers.
- Pierre-Richard AgÃ©nor, 1995. "Competitiveness and External Trade Performance of the French Manufacturing Industry," IMF Working Papers 95/137, International Monetary Fund.
- 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.
- 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.
- Menzie D. Chinn, 2005. "A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation," NBER Working Papers 11521, National Bureau of Economic Research, Inc.
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