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Autore principale: Eduardo Garzón Espinosa
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad de Huelva 2016
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Accesso online:https://www.redalyc.org/articulo.oa?id=86647324007
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Sommario:
  • Unit Labour Costs In The Success Of German Exports (1999-2007) Eduardo Garzón Espinosa Rafael Fernández Sánchez Economía y Finanzas Trade German Exports Eurozone Productivity 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 there have to be other important and different factors that explain the outstanding trade performance, especially the evolution of productivity derived from different export specializations between commercial partners. Therefore, the German export performance is studied in relation to the evolution of the unit labour costs focusing on both unit wages and productivity dynamics sorted by manufacturing branches and particularly in comparison with the four largest economies in the Euro Zone : Spain, Italy, France and the Netherlands. The main conclusion of the study is that the favourable German export dynamic was positively related to the development of unit labour costs primarily through the productivity performance and not via the evolution of wages. 2016 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86647324007 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.43