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The Italian anomaly in the evolution of international trade

  • Michele Di Maio
  • Federico Tamagni

This study offers a quantitative assessment of the international specialization of Italy in view of the evolving patterns of international trade over the period 1980-2000. The analysis is based upon the co-evolution of the PRODY index, recently proposed in Hausmann et al. (2005), together with the classical Balassa index of revealed comparative advantage. Our findings suggest that Italian specialization is persistent and increasing in sectors characterized by decreasing capacity to sustain economic growth.

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Article provided by Associazione Rossi Doria in its journal QA.

Volume (Year): (2008)
Issue (Month): 3 (July)
Pages:

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Handle: RePEc:rar:journl:0082
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  1. Epifani Paolo, 1999. "Sulle determinanti del modello di specializzazione internazionale dell'Italia," Politica economica - Journal of Economic Policy (PEJEP), Società editrice il Mulino, issue 2, pages 195-224.
  2. Luca De Benedictis & Massimo Tamberi, 2004. "Overall Specialization Empirics: Techniques and Applications," Open Economies Review, Springer, vol. 15(4), pages 323-346, October.
  3. 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.
  4. Andrea Brasili & Paolo Epifani & Rodolfo Helg, 2000. "On the Dynamics of Trade Patterns," International Trade 0004006, EconWPA.
  5. Luca De Benedictis, 2005. "Three Decades of Italian Comparative Advantages," The World Economy, Wiley Blackwell, vol. 28(11), pages 1679-1709, November.
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