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EXPORTS AND PROPERTY PRICES IN FRANCE: ARE THEY CONNECTED?

dc.contributor.authorEgert, Balazs
dc.contributor.authorKierzenkowski, Rafal
dc.date.accessioned2016-08-30T19:49:11Z
dc.date.available2016-08-30T19:49:11Z
dc.date.issued2010-05-01
dc.identifier.otherRePEc:wdi:papers:2010-985
dc.identifier.urihttps://hdl.handle.net/2027.42/132997
dc.description.abstractWe argue that resource reallocation from the exporting to the construction sector triggered by fast rising property prices hindered France to meet world export demand vis-à-vis its products. Our econometric analysis shows that the resource reallocation argument helps explain French export performance between the early 2000s and 2007, unexplained by traditional models. This result is confirmed for a set of OECD countries that experienced a marked decline in their export performance and sustained realestate boom after 2000.
dc.relation.ispartofserieswp985
dc.subjectOECD
dc.subjectFrance
dc.subjectCompetitiveness
dc.subjectexports
dc.subjectexport performance
dc.subjectconstruction
dc.subjecthouse prices
dc.subjectresource allocation
dc.subject.otherF10
dc.subject.otherF14
dc.subject.otherO14
dc.subject.otherO52
dc.titleEXPORTS AND PROPERTY PRICES IN FRANCE: ARE THEY CONNECTED?
dc.typeWorking Paper
dc.subject.hlbsecondlevelEconomics
dc.subject.hlbtoplevelBusiness
dc.contributor.affiliationumWilliam Davidson Institute
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/132997/1/wp985.pdf
dc.contributor.authoremailbalazs.egert@oecd.org
dc.contributor.authoremailrafal.kierzenkowski@oecd.org
dc.owningcollnameWilliam Davidson Institute (WDI) - Working Papers


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