Market Shares and Trade Specialisation of France, Germany and Italy
Alberto Felettigh (),
Remy Lecat (),
Bertrand Pluyaud and
Roberto Tedeschi ()
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Bertrand Pluyaud: Banque de France
Roberto Tedeschi: Banca d’Italia
A chapter in Convergence or Divergence in Europe?, 2006, pp 291-323 from Springer
Summary The trade performances of France, Germany and Italy in the 1990s and 2000s have followed heterogeneous national patterns. Contrary to the Italian situation, French and German divergences cannot be explained by relative cost and price developments; geographical specialisation has a limited role in the differences between the three countries. Sectoral specialisation sheds some light to these divergences, emphasising the exposure of Italy to emerging country competition and the limited specialisation of France, while all three countries share a lack of specialisation in ICT products. Non-price competitiveness indicators, such as R&D or education levels, could also contribute to explain the German strength and Italian weakness.
Keywords: market shares; trade specialisation (search for similar items in EconPapers)
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