TY - CEPII
A1 - Colette Herzog
A1 - Deniz Ünal
TI - Industrie ou services : Le dilemme de la spécialisation européenne
IS - 317
T3 - La lettre du CEPII
KW - Europe
KW - International Trade
KW - Comparative Advantages
KW - Industry
KW - Services
N2 - Since 2000; international trade has been characterized by a strong demand for primary products; an acceleration of exports from large emerging countries and a rise in trade in services under the leadership of developed countries. How did European specialization evolve in such environment? Europe turns out to have strengthened its tertiary specialization while keeping a strong industrial positioning; in this respect; it stands between the United States and Japan. Further analysis of European countries’ comparative advantages shows a great diversity and significant recomposition over the past decade. While most; countries within the European Union maintain a solid industrial specialization and/or have reinforced their specialization in new services; the comparative advantages of some member States are still concentrated in traditional services with a weak growth potential.

See European Specialization Panorama
ER -