The Evolution of World Export Sophistication and the Italian Trade Anomaly
AbstractThis work provides an empirical assessment of the sophistication level of the Italian international specialization pattern from 1980 to recent years. In particular we present an original analysis which explores the intertemporal co-evolution of the newly proposed PRODY index of export sophistication (Hausmann et al. 2005, 2007) with standard measures of revealed comparative advantage. We argue that the results of this exercise can shed light on the Italian "trade specialization anomaly".
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 98 (2008)
Issue (Month): 1 (January-February)
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Other versions of this item:
- Michele Di Maio & Federico Tamagni, 2007. "The Evolution of the World Trade and the Italian ‘Anomaly’: A New Look," Development Working Papers 227, Centro Studi Luca d\'Agliano, University of Milano.
- Michele Di Maio & Federico Tamagni, 2006. "The evolution of world trade and the Italian â€˜anomaly': a new look," Working Papers 39-2006, Macerata University, Department of Finance and Economic Sciences, revised Oct 2008.
- 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
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