IMF Working Papers

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Bogdan Lissovolik, Julio Escolano, Stefania Fabrizio, Werner Schule, Herman Z Bennett, Stephen Tokarick, Yuan Xiao, Marialuz Moreno Badia, Eva Gutierrez, and Iryna V. Ivaschenko Competitiveness in the Southern Euro Area: France, Greece, Italy, Portugal, and Spain, (USA: International Monetary Fund, 2008) accessed December 5, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Competition, Export performance, Exports, Financial markets, Imports, International trade, Service exports

Keywords: Africa, Competition, Europe, Export, Export competitor, Export performance, Export structure, Exports, FDI inflow, Global, Greece, High-tech industry, Imports, Offshoring intensity, Portugal, SEA-5, Service exports, Services export, Southern Europe, Spain, WP

Publication Details

  • Pages:

    114

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2008/112

  • Stock No:

    WPIEA2008112

  • ISBN:

    9781451869729

  • ISSN:

    1018-5941