The Italian anomaly in the evolution of international trade
AbstractThis study offers a quantitative assessment of the international specialization of Italy in view of the evolving patterns of international trade over the period 1980-2000. The analysis is based upon the co-evolution of the PRODY index, recently proposed in Hausmann et al. (2005), together with the classical Balassa index of revealed comparative advantage. Our findings suggest that Italian specialization is persistent and increasing in sectors characterized by decreasing capacity to sustain economic growth.
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Bibliographic InfoArticle provided by Associazione Rossi Doria in its journal QA.
Volume (Year): (2008)
Issue (Month): 3 (July)
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More information through EDIRC
International Trade; Specialization Mode; PRODY Index; Revealed Comparative Advantages;
Find related papers by JEL classification:
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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- Andrea Brasili & Paolo Epifani & Rodolfo Helg, 1999.
"On the dynamics of trade patterns,"
LIUC Papers in Economics
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- Luca De Benedictis & Marco Gallegati & Massimo Tamberi, 2007. "Semiparametric analysis of the specialization-income relationship," Applied Economics Letters, Taylor & Francis Journals, vol. 15(4), pages 301-306.
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