Sectoral specialisation in the EU a macroeconomic perspective



Chart 11 Sectoral shifts and volatility (rescaled)

Actual shares

Shares 1982

Shares 2001

30.00

Belgium

30.00

Germany
30.00

30.00

20.00

20.00

10.00

10.00

10.00

10.00

20.00

0.00

0.00

0.00

0.00

1983 1985 1987 1989 1991 1993 1995 1997 1999 2001


20.00



Netherlands


Italy
30.00


20.00


10.00



20.00

10.00


30.00

20.00

20.00

10.00

30.00

10.00

0.00

0.00

0.00

1983 1985 1987 1989 1991 1993 1995 1997 1999 2001


30.00


0.00


30.00

Finland

30.00

10.00

20.00

10.00

0.00

0.00

1983 1985 1987 1989 1991 1993 1995 1997 1999 2001


20.00


56


ECB

Occasional Paper No. 19

July 2004



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