UID:
almafu_9958125998202883
Format:
1 online resource (33 p.)
ISBN:
1-4983-6918-9
,
1-4983-1884-3
,
1-4983-6209-5
Series Statement:
IMF Staff Country Reports
Content:
This Selected Issues paper reviews business investment patterns in France during the crisis. The main motivation is to explore whether investment has recently evolved in line with established determinants or displayed somewhat unconventional dynamics. This paper addresses three distinct questions. First, has recent investment behavior essentially been consistent with past trends or is there any discernible structural break as a result of the crisis. Second, what drove the contraction in investment during the crisis. Third, what is the investment outlook and can a swift and strong rebound going forward be expected. The paper presents main results and the outlook for investment.
Note:
Description based upon print version of record.
,
Cover; CONTENTS; THE DRIVERS OF BUSINESS INVESTMENT IN FRANCE: REASONS FOR RECENT WEAKNESS; A. Introduction; B. Stylized Facts; FIGURES; 1. Business Investment during the Crisis; 2. Profit Margins; 3. Confidence and Uncertainty Indicators; 4. NFCs' Financial Conditions; C. Priors and Data Requirements; D. Business Investment: Past Behavior and Future Prospects; 5. Business Investment in France: Actual and Fitted Values; TABLES; 1. Cointegration Relationship; 2. Dynamic Relationship; 6. Business Investment and Contributions; REFERENCES
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FRANCE IN THE GLOBAL VALUE CHAINS: REVISITING THE COMPETITIVENESS LOSSA. Introduction-What Can the Analysis of Global Value Chains Bring to the Assessment of Competitiveness?; FIGURES; 1. France's Share in Merchandise Exports of Advanced Economies; 2. World Merchandize Export Market Share; B. Imports as source of growth - A literature survey; C. Trade in Intermediates: France in the GVCs and the Internationalization of its Production; 3. Consumption of Intermediates by Origin; 4. Global Supply Chains; D. Trade in Value-Added: Reassessing Export Performance and the Importance of External Trade
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5. Share of Imported Intermediates in Consumption of Intermediates6. Intermediate Imports Embodied in Exports; 7. Gross Exports versus Value Added Exports; TABLE; 1. Export Market Shares; 8. Exports Contribution to GDP; 9. Contribution of Value Added Exports to GDP; 10. France's Exports by Destination in 2009; 11. France's Imports by Origin in 2009; E. Conclusion-Policy Implications; 12. Shares of Services in Exports; REFERENCES; APPENDICES; I. The Productivity Impact of Imports: Overview of Evidence at the firm- and plant-level; II. The Productivity Impact of Offshoring
,
English
Additional Edition:
ISBN 1-4983-0402-8
Additional Edition:
ISBN 1-322-02846-X
Language:
English
