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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mikkelsen, Uffe
Autor Corporativo: International Monetary Fund. European Department
Otros Autores: Pérez, Esther (Pérez-Ruiz)
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
Tabla de Contenidos:
  • Cover; Contents; I. Introduction; II. Trade and Sectoral Specialization: China and the Euro Area; III. A Ricardian-Gravity Trade Model; IV. Estimating Relative Competitiveness; V. Illustrative Scenarios; A. General Equilibrium; B. The Impact of Trade Shocks on Euro Area Countries: Some Illustrative Scenarios; VI. Conclusion; Appendix: Sample and Data; References; Figures; 1. China's Exports to the Euro Area; 2. Sectoral Specialization in Ten Euro Area Countries, 2000 and 2007; 3. Density Function for Technology; 4. Production Structure with 2 Countries and 2 Sectors.
  • 5a. Competitiveness in Nine Euro Area Countries and China (I)5b. Competitiveness in Nine Euro Area Countries and China (II); 6. Barriers to Export; 7a. Adjustment to a Productivity Shock in Chinese Textiles; 7b. Adjustment to a Productivity Shock in Chinese Machinery; 8. Adjustment via Higher Trade Deficits; Table; Table A1: Sectors.