Hidden Bibliographic Details
| Other authors / contributors: | Pérez, Esther (Pérez-Ruiz)
International Monetary Fund. European Department.
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| ISBN: | 9781475510287
1475510284
9781475522235
1475522231
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| Digital file characteristics: | data file
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| Notes: | Title from PDF title page (IMF Web site, viewed September 7, 2012).
"European Department."
"September 2012."
Includes bibliographical references.
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| Summary: | This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity shocks in Chinese textiles and machinery suggest that the required adjustment in wages, prices, and factor re-allocation is widely heterogeneous across euro area countries on accounts of their different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks.
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