Non-price competitiveness factors—a simple measure and implications for the five largest euro area countries

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• dc.contributor.author Xifré, Ramon
• dc.date.accessioned 2024-01-16T07:06:09Z
• dc.date.available 2024-01-16T07:06:09Z
• dc.date.issued 2021
• dc.description.abstract This paper obtains a versatile measure of non-price competitiveness factors (NPCF) based on a simple international trade model. Trade frictions are reinterpreted as the NPCF conditions (inferior product quality, suboptimal geographical and industry specialisation of exports and any other limitations of the production and exporting channels) that inhibit trade. The set-up is applied to the five largest euro area economies for the period 2000–2018. Over this period, NPCF have improved significantly in the Netherlands and Spain, mildly in Italy and Germany and mildly worsened in France. In all countries, the improvement in NPCF has been more intense and sustained in the first half of the period and more unstable in the second half. The set-up is also applied at the product level, considering four types of products depending on the stage of processing, rendering results which are similar across product types and aligned with those for the whole economy. The results suggest that the conventional North–South divide in the euro area might not be entirely applicable regarding NPCF.
• dc.format.mimetype application/pdf
• dc.identifier.citation Xifré R. Non-price competitiveness factors—a simple measure and implications for the five largest euro area countries. World Econ. 2021;4(11):3091-110. DOI: 10.1111/twec.13132
• dc.identifier.doi http://dx.doi.org/10.1111/twec.13132
• dc.identifier.issn 0378-5920
• dc.identifier.uri http://hdl.handle.net/10230/58721
• dc.language.iso eng
• dc.publisher Wiley
• dc.relation.ispartof The World Economy. 2021;4(11):3091-110.
• dc.rights This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes. © 2021 The Authors. The World Economy published by John Wiley & Sons Ltd.
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.title Non-price competitiveness factors—a simple measure and implications for the five largest euro area countries
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion