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Are the Emerging Economies a Threat to the Italian Competitiveness?

Author

Listed:
  • Pierluigi Montalbano
  • Silvia Nenci

Abstract

This work deals with the issue of the Italy’s competitiveness in relation to the trade dynamism and performance of the new emerging Southern economies: China, India, Brazil, and South Africa (Cibs). Having examined trade patterns, main competitors and trade specialization of the countries analyzed, we go on to perform Cluster Analysis to capture the entire set of trade complementarities and specializations of the global trading system. The empirical results contribute to partially mitigating the pessimistic view that sees evolution of the emerging economies’ trade specialization as a potential threat to our country, with the significant exception of China.

Suggested Citation

  • Pierluigi Montalbano & Silvia Nenci, 2011. "Are the Emerging Economies a Threat to the Italian Competitiveness?," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    • Handle: RePEc:rar:journl:0225
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    References listed on IDEAS

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    Cited by:

    1. Alberto Bagnai, 2016. "Italy’s decline and the balance-of-payments constraint: a multicountry analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(1), pages 1-26, January.

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    More about this item

    Keywords

    Emerging economies; Italy; Trade patterns; Trade specialization; Cluster analysis;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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