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The Evolution of World Export Sophistication and the Italian Trade Anomaly

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  • Michele Di Maio

    ()
    (Università di Macerata)

  • Federico Tamagni

    ()
    (Scuola Superiore Sant'Anna, Pisa)

Abstract

This 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 Info

Article provided by SIPI Spa in its journal Rivista di Politica Economica.

Volume (Year): 98 (2008)
Issue (Month): 1 (January-February)
Pages: 135-174

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Handle: RePEc:rpo:ripoec:v:98:y:2008:i:1:p:135-174

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  1. Andrea Brasili & Paolo Epifani & Rodolfo Helg, 2000. "On the Dynamics of Trade Patterns," KITeS Working Papers 115, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jul 2000.
  2. Robert C. Feenstra & Andrew K. Rose, 1997. "Putting Things in Order: Patterns of Trade Dynamics and Growth," NBER Working Papers 5975, National Bureau of Economic Research, Inc.
  3. Luca De Benedictis, 2005. "Three Decades of Italian Comparative Advantages," The World Economy, Wiley Blackwell, vol. 28(11), pages 1679-1709, November.
  4. Dalum, Bent & Laursen, Keld & Verspagen, Bart, 1999. "Does Specialization Matter for Growth?," Industrial and Corporate Change, Oxford University Press, vol. 8(2), pages 267-88, June.
  5. Luca De Benedictis & Massimo Tamberi, 2004. "Overall Specialization Empirics: Techniques and Applications," Open Economies Review, Springer, vol. 15(4), pages 323-346, October.
  6. 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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Cited by:
  1. João Amador & Sónia Cabral & José R. Maria, 2007. "International Trade Patterns over the Last Four Decades: How does Portugal Compare with other Cohesion Countries?," Working Papers w200714, Banco de Portugal, Economics and Research Department.
  2. Michelangelo Vasta, 2009. "Italian export capacity in the long run perspective (1861-2009): a tortuous path to keep the position," Department of Economics University of Siena 572, Department of Economics, University of Siena.
  3. Giorgia Giovannetti & Marco Sanfilippo, 2013. "China's Competition and the Export Price Strategies of Developed Countries," Working Papers - Economics wp2013_02.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  4. Paolo Di Martino & Michelangelo Vasta, 2012. "Happy 150th Birthday Italy? Institutions and Economic Performance Since 1861," Department of Economics University of Siena 662, Department of Economics, University of Siena.
  5. Francesco Serti & Chiara Tomasi & Antonello Zanfei, 2009. "The links between internationalization, skills and wages. The role of differences across firms and across partner countries," LEM Papers Series 2009/19, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  6. João Amador & Sónia Cabral & José R. Maria, 2007. "Export Specialization Over the Last Four Decades: How Does Portugal Compare With Other Cohesion Countries?," Economic Bulletin and Financial Stability Report Articles, Banco de Portugal, Economics and Research Department.
  7. Giovanni Federico & Nikolaus Wolf, 2011. "Comparative Advantages in Italy: A Long-Run Perspective," Quaderni di storia economica (Economic History Working Papers) 09, Bank of Italy, Economic Research and International Relations Area.
  8. Birolo, Adriano, 2009. "Dalla crisi allo sviluppo: quali strategie per le PMI?
    [From the crisis to the growth. Policies to sustain the SM firms]
    ," MPRA Paper 31082, University Library of Munich, Germany.
  9. Carbone, Anna & Henke, Roberto & Pozzolo, Alberto Franco, 2014. "Italian agri-food exports in the international arena," Economics & Statistics Discussion Papers esdp14072, University of Molise, Dept. EGSeI.
  10. João Amador & Sónia Cabral & José Maria, 2010. "What can we learn from the distribution of trade patterns?," Portuguese Economic Journal, Springer, vol. 9(2), pages 77-95, August.
  11. Miguel Lebre de Freitas & Ricardo Paes Mamede, 2011. "Structural transformation of Portuguese exports and the role of foreign-owned firms: A descriptive analysis for the period 1995-2005," Notas Económicas, Faculdade de Economia, Universidade de Coimbra, issue 33, pages 20-43, June.
  12. Miguel Lebre de Freitas & Ricardo Paes Mamede, 2008. "Structural Transformation and the role of Foreign Direct Investment in Portugal: a descriptive analysis for the period 1990-2005," GEE Papers 0009, Gabinete de Estratégia e Estudos, Ministério da Economia e da Inovação, revised Dec 2008.
  13. Jules Leichter & Cristina Mocci & Stefania Pozzuoli, . "Measuring External Competitiveness:An Overview," Working Papers 2, Department of the Treasury, Ministry of the Economy and of Finance.

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