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Il modello di specializzazione internazionale dell'Italia e dei principali paesi europei: omogeneità e convergenza

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Author Info

  • Matteo Bugamelli

    ()
    (Bank of Italy, Economic Research Department)

Abstract

This paper compares main European countries and the euro area specialization patterns. The analysis, that covers the period 1988-1997 and is based on a detailed sectoral breakdown, provides evidence to assess the degree of structural differences and convergence among European countries, which have become important issues since the birth of the European monetary union. We find that the former ones are quite large. While France and Germany are very similar to the area as a whole, Italy and Spain results to be different, with comparative advantages over goods whose production requires technologies operated by unskilled workers. This is particularly true for Italy that therefore might be more exposed to asymmetric effects of exogenous shocks and even of European policies. From the evolution of specialization patterns between the beginning and the end of the nineties, we find weak signs of convergence within the euro area; again Italy differs and shows a slower and more uncertain path of change, even when compared to Spain.

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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Temi di discussione (Economic working papers) with number 402.

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Date of creation: Mar 2001
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Handle: RePEc:bdi:wptemi:td_402_01

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Related research

Keywords: specialization patterns; comparative advantage; convergence; monetary union;

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Cited by:
  1. Ricotta, Fernanda & Mannarino, Lidia & Pupo, Valeria & Succurro, Marianna, 2008. "Export quality in the machinery sector: Some evidence from main competitors," MPRA Paper 12677, University Library of Munich, Germany.
  2. Daniela Marconi & Valeria Rolli, 2007. "Comparative advantage patterns and domestic determinants in emerging countries: an analysis with a focus on technology," Temi di discussione (Economic working papers) 638, Bank of Italy, Economic Research and International Relations Area.
  3. Mannarino, Lidia & Pupo, Valeria & Ricotta, Fernanda & Succurro, Marianna, 2009. "International Specialisation and Quality Focus on the Machinery Sector," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 62(4), pages 439-468.
  4. Alessia Amighini & Stefano Chiarlone, 2003. "Rischi e opportunità dell’integrazione commerciale cinese per la competitività internazionale dell'Italia," KITeS Working Papers 149, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2003.
  5. Paola Caselli & Andrea Zaghini, 2005. "International specialization models in Latin America: the case of Argentina," Temi di discussione (Economic working papers) 558, Bank of Italy, Economic Research and International Relations Area.
  6. Bugamelli, M. & Pagano, P. & Paterno, F. & Pozzolo, A.F. & Rossi, S. & Schivardi, F., 2003. "Ingredients for The New Economy: How Much Does Finance Matter?," EIFC - Technology and Finance Working Papers 31, United Nations University, Institute for New Technologies.
  7. Patrizio Pagano & Fabiano Schivardi, 2003. "Firm Size Distribution and Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(2), pages 255-274, 06.
  8. Fabrizio Onida, 2003. "Growth, competitiveness and firm size: factors shaping the role of Italy’s productive system in the world arena," KITeS Working Papers 144, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jul 2003.

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