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Vertical Specialisation in Europe: Evidence from the Import Content of Exports

  • Emanuele Breda

    ()

    (Banca d’Italia, Rome)

  • Rita Cappariello

    ()

    (Banca d’Italia, Rome)

  • Roberta Zizza

    ()

    (Banca d’Italia, Rome)

We use input-output tables to estimate the import content (IC) of exports for several European countries, interpreting it as a measure of internationalisation. Between 1995 and 2000 the IC grew everywhere but in France; the transport equipment sector emerges as the most internationalised one. Italy and Germany show very different patterns, although both started from a very low level of IC. Italy experienced the weakest growth whereas Germany the most sizeable rise. We argue that Italian firms might have felt a lower pressure to transform their organisation due to the delayed effects of the 1992 and 1995 Lira crises.

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

Volume (Year): 97 (2007)
Issue (Month): 3 (May-June)
Pages: 189

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Handle: RePEc:rpo:ripoec:v:97:y:2007:i:3:p:189
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