Competitiveness in the Southern Euro Area: France, Greece, Italy, Portugal, and Spain

By Bogdan Lissovolik, Julio Escolano, Stefania Fabrizio, Werner Schule, Herman Z Bennett, Stephen Tokarick, Yuan Xiao, Marialuz Moreno Badia, Eva Gutierrez, Iryna V. Ivaschenko

April 1, 2008

Download PDF

Preview Citation

Format: Chicago

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 30, 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

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Working Papers