International Specialisation and Quality Focus on the Machinery Sector
AbstractThe paper compares the export quality of Italy, Germany, Japan and China. The empirical analysis is based on export unit value for a sample of machinery products exported to the USA over the decade 1996-2006. The results point to four stylised facts. First, Italy, Germany and Japan are positioned in production with high unit value. Second, some evidence of qualitative upgrading of Italian exports is found in the machinery industry. Third, German exports show the highest quality in all the machinery divisions. Finally, China has dramatically increased its medium-high technology exports in the course of the decade, but these are concentrated in the lowest quality segment of the market. Nevertheless, Chinese unit value of machinery exports are rising over time, suggesting a qualitative catching-up. Keywords: Export Quality; Index Numbers; Machinery Sector JEL Classification: C43; F14; L1
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Bibliographic InfoArticle provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.
Volume (Year): 62 (2009)
Issue (Month): 4 ()
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Export Quality; Index Numbers; Machinery Sector;
Find related papers by JEL classification:
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Feenstra, Robert C. & Heston, Alan & Timmer, Marcel P. & Deng, Haiyan, 2007.
"Estimating Real Production and Expenditures Across Nations: A Proposal for Improving the Penn World Tables,"
GGDC Research Memorandum
GD-95, Groningen Growth and Development Centre, University of Groningen.
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