The Trade Impact of China on EMU.

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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Pérez Ruiz, Esther
Otros Autores: Mikkelsen, Uffe
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2012.
Colección:IMF Working Papers.
Temas:
International trade.
Commerce international.
Commerce
International trade
European Economic Community countries > Commerce.
China > Commerce.
Pays de l'Union européenne > Commerce.
China
European Economic Community countries
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (26 pages)
ISBN:9781475522235
1475522231

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