LEADER 04034nam 2200637Ia 450 001 9910464229203321 005 20201015235549.0 010 $a1-4623-1845-2 010 $a1-4527-5613-9 010 $a1-282-84225-0 010 $a9786612842252 010 $a1-4518-7149-X 035 $a(CKB)3170000000055170 035 $a(EBL)1608120 035 $a(SSID)ssj0000943039 035 $a(PQKBManifestationID)11593659 035 $a(PQKBTitleCode)TC0000943039 035 $a(PQKBWorkID)10975009 035 $a(PQKB)10800656 035 $a(OCoLC)467914161 035 $a(MiAaPQ)EBC1608120 035 $a(EXLCZ)993170000000055170 100 $a20041202d2009 uf 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aRecent French export performance$b[electronic resource] $eis there a competitiveness problem? /$fprepared by Alain Kabundi and Francisco Nadal De Simone 210 $a[Washington D.C.] $cInternational Monetary Fund$d2009 215 $a1 online resource (75 p.) 225 1 $aIMF working paper ;$vWP/09/2 300 $aDescription based upon print version of record. 311 $a1-4519-1585-3 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Data and Non-Stationarity; A. Data; B. Dealing with Non-Stationarity; III. Descriptive Part: Facts Without the Noise; IV. Analytical Part: ULCM and TOT Shocks; A. The Model and Economic Conditions for Shocks Identification; B. Estimation; V. Econometric Results; A. The 1990's Until Today; VI. Conclusion and Policy Implications; Figures; 1. Cyclical Part; 2. Trend Part; Tables; 1. Trend Exports per Destination; 2. Trend Exports per Products SITC 327 $a3. Forecast Error Variance of the Common Components of French Variables Explained by the Supply and Demand Shocks to Unit Labor Costs in Manufacturing, 1980-2006 4. Forecast Error Variance of the Common Components of German Variables Explained by the Supply and Demand Shocks to Unit Labor Costs in Manufacturing, 1980-2006; 5. Forecast Error Variance of the Common Components of French Variables Explained by the Supply and Demand Shocks to Terms of Trade, 1980-2006 327 $a6. Forecast Error Variance of the Common Components of German Variables Explained by the Supply and Demand Shocks to Terms of Trade, 1980-2006 7. Forecast Error Variance of the Common Components of French Variables Explained by the Supply and Demand Shocks to ULCM, 1993-2006; 8. Forecast Error Variance of the Common Components of German Variables Explained by the Supply and Demand Shocks to ULCM, 1993-2006; Appendices; I. The Corbae-Ouliaris Ideal Band-Pass Filter; II. The Approximate Dynamic Factor Model; Annexes; I. Macroeconomic Series; II. France and Germany: Shocks to ULCM and TOT 327 $aReferences 330 $aRecently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its terms of trade, France adjusts relatively less via price and wage changes, and more via employment changes. Given that SMIC convergence resulted in a significant increase in unit labor costs, foreign sector difficulties might be structural. Trade flows relevance and euro area policy constraints highlight ... 410 0$aIMF working paper ;$vWP/09/2. 606 $aExport marketing$zFrance 606 $aCompetition, International 608 $aElectronic books. 615 0$aExport marketing 615 0$aCompetition, International. 676 $a658.8 676 $a658.848 700 $aKabundi$b Alain N.$f1975-$0991074 701 $aNadal-De Simone$b Francisco$0991075 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464229203321 996 $aRecent French export performance$92267942 997 $aUNINA