The Trade Impact of China on EMU : : Is It Even Across Members? / / Esther Perez Ruiz, Uffe Mikkelsen

• Autore: Perez Ruiz Esther
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2012
• Descrizione fisica: 1 online resource (26 p.)
• Soggetto topico: International trade; Exports and Imports; Finance: General; Labor; Neoclassical Models of Trade; Empirical Studies of Trade; Size and Spatial Distributions of Regional Economic Activity; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General; Wages, Compensation, and Labor Costs: General; Trade: General; General Financial Markets: General (includes Measurement and Data); International economics; Technology; general issues; Labour; income economics; Finance; Wages; Trade deficits; Exports; Competition; Financial markets; Balance of trade
• Soggetto geografico: European Economic Community countries Commerce; China Commerce; China, People's Republic of
• Altri autori: MikkelsenUffe
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover; Contents; I. Introduction; II. Trade and Sectoral Specialization: China and the Euro Area; Figures; 1. China's Exports to the Euro Area; 2. Sectoral Specialization in Ten Euro Area Countries, 2000 and 2007; III. A Ricardian-Gravity Trade Model; 3. Density Function for Technology; 4. Production Structure with 2 Countries and 2 Sectors; IV. Estimating Relative Competitiveness; 5a. Competitiveness in Nine Euro Area Countries and China (I); 5b. Competitiveness in Nine Euro Area Countries and China (II); V. Illustrative Scenarios; A. General Equilibrium; 6. Barriers to Export ; B. The Impact of Trade Shocks on Euro Area Countries: Some Illustrative Scenarios7a. Adjustment to a Productivity Shock in Chinese Textiles; 7b. Adjustment to a Productivity Shock in Chinese Machinery; VI. Conclusion; 8. Adjustment via Higher Trade Deficits; Appendix: Sample and Data; Table; Table A1: Sectors; References
• Sommario/riassunto: This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity shocks in Chinese textiles and machinery suggest that the required adjustment in wages, prices, and factor re-allocation is widely heterogenous across euro area countries on accounts of their different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks.
• Titolo autorizzato: The Trade Impact of China on EMU
• ISBN: 1-4755-7471-1; 1-4755-2223-1
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910786483203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2012/221