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Le commerce extérieur français à la dérive

Author

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  • Marion Cochard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

This paper deals with recent developments in foreign trade and notably with the fall of the French market shares. We first describe the deterioration of the French external trade since the beginning of the 2000's. We show that within the euro zone, Germany is the exception rather than France, and that the difference between both countries cannot be explained by geographical or sector specialization. We analyse then different competitiveness indicators. We show that French companies succeed in containing prices by reducing margins, and that classic modelling using price-competitiveness does not manage to explain market share deterioration. Finally, we extend the standard model with nonprice competitiveness, supply indicators, and we introduce an indicator of world trade openness to take into account the emergence of new actors in world trade.

Suggested Citation

  • Marion Cochard, 2008. "Le commerce extérieur français à la dérive," SciencePo Working papers Main hal-03588599, HAL.
    • Handle: RePEc:hal:spmain:hal-03588599
    DOI: 10.3917/reof.106.0029
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03588599
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    File URL: https://hal-sciencespo.archives-ouvertes.fr/hal-03588599/document
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    References listed on IDEAS

    as
    1. Christophe Blot & Marion Cochard, 2008. "L'énigme des exportations revisitée. Que faut-il retenir des données de panel ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 67-100.
    2. Morris Goldstein & Mohsin S. Khan, 2017. "Income and Price Effects in Foreign Trade," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 1, pages 3-81, World Scientific Publishing Co. Pte. Ltd..
    3. Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-1580, November.
    4. repec:hal:spmain:info:hdl:2441/6404 is not listed on IDEAS
    5. Krugman, Paul, 1989. "Differences in income elasticities and trends in real exchange rates," European Economic Review, Elsevier, vol. 33(5), pages 1031-1046, May.
    6. repec:hal:spmain:info:hdl:2441/6188 is not listed on IDEAS
    7. Nivat, D. & Villetelle, J-P., 2006. "Les mauvaises performances du commerce extérieur de la France sont-elles liées à un problème de demande ?," Bulletin de la Banque de France, Banque de France, issue 146, pages 21-31.
    8. Sarah Guillou, 2008. "Pourquoi les entreprises françaises souffrent-elles de la force de l'euro ?," Post-Print hal-01022327, HAL.
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    Cited by:

    1. Christophe Blot & Marion Cochard, 2008. "L'énigme des exportations revisitée," SciencePo Working papers Main hal-03461842, HAL.
    2. Céline Antonin & Christophe Blot & Sabine Le Bayon & Catherine Mathieu, 2013. "La quête de la compétitivité ouvre la voie de la déflation," Post-Print hal-03470596, HAL.

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