Vertical Specialisation in Europe: Evidence from the Import Content of Exports
AbstractWe use input-output tables to estimate the import content (IC) of exports for several European countries, interpreting it as a measure of internationalisation. Between 1995 and 2000 the IC grew everywhere but in France; the transport equipment sector emerges as the most internationalised one. Italy and Germany show very different patterns, although both started from a very low level of IC. Italy experienced the weakest growth whereas Germany the most sizeable rise. We argue that Italian firms might have felt a lower pressure to transform their organisation due to the delayed effects of the 1992 and 1995 Lira crises.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 97 (2007)
Issue (Month): 3 (May-June)
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Other versions of this item:
- Emanuele Breda & Rita Cappariello & Roberta Zizza, 2008. "Vertical specialisation in Europe: Evidence from the import content of exports," Temi di discussione (Economic working papers) 682, Bank of Italy, Economic Research and International Relations Area.
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
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