Cargando…
The trade impact of China on EMU : is it even across members? /
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...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
| Colección: | IMF working paper ;
WP/12/221. |
| Temas: | |
| Acceso en línea: | Texto completo |
| 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 heterogeneous 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. |
|---|---|
| Notas: | Title from PDF title page (IMF Web site, viewed September 7, 2012). "European Department." "September 2012." |
| Descripción Física: | 1 online resource (25 pages) |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781475510287 1475510284 9781475522235 1475522231 1475574711 9781475574715 |