Recent French export performance [[electronic resource] ] : is there a competitiveness problem? / / prepared by Alain Kabundi and Francisco Nadal De Simone

• Autore: Kabundi Alain N. <1975->
• Pubblicazione: [Washington D.C.], : International Monetary Fund, 2009
• Descrizione fisica: 1 online resource (75 p.)
• Disciplina: 658.8; 658.848
• Soggetto topico: Export marketing - France; Competition, International
• Soggetto genere / forma: Electronic books.
• Altri autori: Nadal-De SimoneFrancisco
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; 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 ; 3. 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 ; 6. 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 ; References
• Sommario/riassunto: Recently, 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 ...
• Titolo autorizzato: Recent French export performance
• ISBN: 1-4623-1845-2; 1-4527-5613-9; 1-282-84225-0; 9786612842252; 1-4518-7149-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910464229203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/09/2.