Competitiveness in the Southern Euro Area: France, Greece, Italy, Portugal, and Spain
Author:
Mr. Bogdan Lissovolik
Search for other papers by Mr. Bogdan Lissovolik in
Current site
Google Scholar
Close
,
Mr. Julio Escolano
Search for other papers by Mr. Julio Escolano in
Current site
Google Scholar
Close
,
Ms. Stefania Fabrizio
Search for other papers by Ms. Stefania Fabrizio in
Current site
Google Scholar
Close
,
Mr. Werner Schule
Search for other papers by Mr. Werner Schule in
Current site
Google Scholar
Close
,
Mr. Herman Z Bennett
Search for other papers by Mr. Herman Z Bennett in
Current site
Google Scholar
Close
,
Mr. Stephen Tokarick
Search for other papers by Mr. Stephen Tokarick in
Current site
Google Scholar
Close
,
Mr. Yuan Xiao
Search for other papers by Mr. Yuan Xiao in
Current site
Google Scholar
Close
,
Ms. Marialuz Moreno Badia
Search for other papers by Ms. Marialuz Moreno Badia in
Current site
Google Scholar
Close
,
Miss Eva Gutierrez
Search for other papers by Miss Eva Gutierrez in
Current site
Google Scholar
Close
, and
Mr. Iryna V. Ivaschenko
Search for other papers by Mr. Iryna V. Ivaschenko in
Current site
Google Scholar
Close
This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation (sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors. Disaggregated analysis of goods and services export markets provides insights on aspects such as quality, market concentration, growth of destination markets, and geographical and sectoral diversification. Also, increased import penetration, offshoring and FDI could improve productivity and export performance.
  • Collapse
  • Expand
IMF Working Papers