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Italy in the space (of products) [Italia nello spazio (dei prodotti)]

Listed author(s):

    (Universit… Politecnica delle Marche, (Ancona, Italy))

  • Massimo TAMBERI


    (Universit… Politecnica delle Marche, Dipartimento di Scienze economiche e sociali e CICSE, (Ancona, Italy))

We discuss the international specialization of Italy as a determinant of its rate of economic growth, documenting an incomplete economic evolution: Italy is still a follower economy in some aspects while it is being followed in some others. We show that the productivity level associated to the export bundle increased until 2000, but then slowed down, and finally started decreasing after 2005. In parallel, Italy first improved its position in the international "product space" in the long run, but without any sensible evolution after 1990, and the country is absent from the most sophisticated section of the map. Results are also confirmed when comparing Italy to a panel of other countries. [In questo lavoro discutiamo del modello di specializzazione italiano in relazione al processo di crescita economica, evidenziando una evoluzione economica incompleta: l'Italia Š un paese inseguitore per alcuni aspetti anche se gia' inseguito per altri. Mostriamo che il livello di produttivita' associato al paniere di beni esportati Š aumentato fino al 2000, ma, dopo un rallentamento, diminuito negli ultimi anni. Parallelamente, l'Italia ha migliorato, nel lungo periodo, la sua posizione nello "spazio dei prodotti" internazionale, ma senza apprezzabili cambiamenti dopo il 1990, tanto che il paese Š assente dalla sezione piu' sofisticata della mappa. I risultati sono anche confermati dal confronto con alcuni altri paesi.]

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Article provided by Universita' Politecnica delle Marche (I) / Fondazione Aristide Merloni (I) in its journal Economia Marche / Journal of Applied Economics.

Volume (Year): XXXI (2012)
Issue (Month): 1 (June)
Pages: 90-113

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Handle: RePEc:mer:review:v:xxxi:y:2012:i:1:n:5
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