Unit Labour Costs in the Success of German Exports (1999-2007)
The German commercial success is often associated to the strategy of internal devaluation that entailed a moderate wage growth. However, the main argument in this paper is that necessarily has to be other important and different factors that explain the outstanding trade performance, especially the...
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| Format: | Article |
| Language: | English |
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Universidad de Huelva
2016-02-01
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| Series: | Revista de Economía Mundial |
| Subjects: | |
| Online Access: | https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/3854 |
| _version_ | 1827321852035334144 |
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| author | Eduardo Garzón Espinosa Rafael Fernández Sánchez |
| author_facet | Eduardo Garzón Espinosa Rafael Fernández Sánchez |
| author_sort | Eduardo Garzón Espinosa |
| collection | DOAJ |
| description | The German commercial success is often associated to the strategy of internal devaluation that entailed a moderate wage growth. However, the main argument in this paper is that necessarily has to be other important and different factors that explain the outstanding trade performance, especially the evolution of productivity derived from different exporting specializations between commercial partners. Therefore, the German export performance is studied related to the evolution of the unit labour costs focusing both unit wages and productivity dynamics by manufacturing branches and particularly against the four largest economies in the euro zone: Spain, Italy, France and the Netherlands.
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| first_indexed | 2024-04-25T01:14:13Z |
| format | Article |
| id | doaj.art-f06de3226afc4bdb9c6ef092c865c751 |
| institution | Directory Open Access Journal |
| issn | 1576-0162 2340-4264 |
| language | English |
| last_indexed | 2024-04-25T01:14:13Z |
| publishDate | 2016-02-01 |
| publisher | Universidad de Huelva |
| record_format | Article |
| series | Revista de Economía Mundial |
| spelling | doaj.art-f06de3226afc4bdb9c6ef092c865c7512024-03-09T11:51:07ZengUniversidad de HuelvaRevista de Economía Mundial1576-01622340-42642016-02-014310.33776/rem.v0i43.3854Unit Labour Costs in the Success of German Exports (1999-2007)Eduardo Garzón Espinosa0Rafael Fernández Sánchez1Universidad Complutense de MadridUniversidad Complutense de MadridThe German commercial success is often associated to the strategy of internal devaluation that entailed a moderate wage growth. However, the main argument in this paper is that necessarily has to be other important and different factors that explain the outstanding trade performance, especially the evolution of productivity derived from different exporting specializations between commercial partners. Therefore, the German export performance is studied related to the evolution of the unit labour costs focusing both unit wages and productivity dynamics by manufacturing branches and particularly against the four largest economies in the euro zone: Spain, Italy, France and the Netherlands. https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/3854TradeExportsProductivitySpecializationGermanEurozone |
| spellingShingle | Eduardo Garzón Espinosa Rafael Fernández Sánchez Unit Labour Costs in the Success of German Exports (1999-2007) Revista de Economía Mundial Trade Exports Productivity Specialization German Eurozone |
| title | Unit Labour Costs in the Success of German Exports (1999-2007) |
| title_full | Unit Labour Costs in the Success of German Exports (1999-2007) |
| title_fullStr | Unit Labour Costs in the Success of German Exports (1999-2007) |
| title_full_unstemmed | Unit Labour Costs in the Success of German Exports (1999-2007) |
| title_short | Unit Labour Costs in the Success of German Exports (1999-2007) |
| title_sort | unit labour costs in the success of german exports 1999 2007 |
| topic | Trade Exports Productivity Specialization German Eurozone |
| url | https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/3854 |
| work_keys_str_mv | AT eduardogarzonespinosa unitlabourcostsinthesuccessofgermanexports19992007 AT rafaelfernandezsanchez unitlabourcostsinthesuccessofgermanexports19992007 |