France, Germany, Italy, and Spain Explaining Differences in External Sector Performance Among Large Euro Area Countries

This cross-country paper explains differences in external sector performance among four large euro area countries—France, Germany, Italy, and Spain. The paper discusses that during 2001–04, the performance of the external sector differed markedly among these four largest euro area countries. The stu...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a France, Germany, Italy, and Spain  |b Explaining Differences in External Sector Performance Among Large Euro Area Countries 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2005 
300 |a 27 pages 
651 4 |a Germany 
653 |a Finance 
653 |a Real effective exchange rates 
653 |a Currency 
653 |a Competition 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a International economics 
653 |a Export performance 
653 |a Foreign Exchange 
653 |a Financial markets 
653 |a International trade 
653 |a Exports 
653 |a Imports 
653 |a Finance: General 
653 |a Foreign exchange 
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520 |a This cross-country paper explains differences in external sector performance among four large euro area countries—France, Germany, Italy, and Spain. The paper discusses that during 2001–04, the performance of the external sector differed markedly among these four largest euro area countries. The study presented in this paper describes the evolution of the traditional determinants of exports and imports—domestic and foreign demand and cost and price competitiveness—and econometrically assesses their contributions to the evolution of trade volumes during the period mentioned