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Market Shares and Trade Specialisation of France, Germany and Italy

In: Convergence or Divergence in Europe?

Author

Listed:
  • Alberto Felettigh

    (Banca d’Italia)

  • Rémy Lecat

    (Banque de France)

  • Bertrand Pluyaud

    (Banque de France)

  • Roberto Tedeschi

    (Banca d’Italia)

Abstract

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.

Suggested Citation

  • Alberto Felettigh & Rémy Lecat & Bertrand Pluyaud & Roberto Tedeschi, 2006. "Market Shares and Trade Specialisation of France, Germany and Italy," Springer Books, in: Convergence or Divergence in Europe?, pages 291-323, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-32611-3_13
    DOI: 10.1007/3-540-32611-1_13
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    Cited by:

    1. Fischer, Christoph, 2007. "An assessment of the trends in international price competitiveness among EMU countries," Discussion Paper Series 1: Economic Studies 2007,08, Deutsche Bundesbank.

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    Keywords

    market shares; trade specialisation;

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