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Italian agri-food exports in the international arena

  • Carbone, Anna
  • Henke, R.
  • Pozzolo, A. F.

We study the performance over the last fifteen years of exports of typical, Made in Italy agri-food products. First, we estimate the aggregate elasticities of exports values with respect to world imports, export prices and the prices applied by our competitors. Second, we show that aggregate estimates hide very different values of the elasticities at the single product level. Third, we calculate an index of sophistication for each Made in Italy agri-food exports, capturing its position in the different layers of world supply, showing that Made in Italy agri-food exports are shifting towards higher levels of sophistication. Finally, we compare the elasticities with the changes in sophistication. Our results show that the strategy of Italian exporters varies according to the type of product and to the degree of market completion. In some cases, Italian exporters contrast increasing world competition by raising the quality of their products or their sophistication content; in other cases, price competition is chosen , by keeping AUVs at lower levels than those of our competitors. But in nearly all cases, these strategies are successful in allowing Italy to defend and sometimes even to increase its world market shares, in spite of a growing world competition.

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File URL: http://purl.umn.edu/149888
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Paper provided by Italian Association of Agricultural and Applied Economics (AIEAA) in its series 2013 Second Congress, June 6-7, 2013, Parma, Italy with number 149888.

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Date of creation: Jun 2013
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Handle: RePEc:ags:aiea13:149888
Contact details of provider: Web page: http://www.aieaa.org/

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  1. Rodrik, Dani, 2006. "What's So Special About China's Exports?," CEPR Discussion Papers 5484, C.E.P.R. Discussion Papers.
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  3. Catherine L. Mann & Katharina Plück, 2007. "Understanding the U.S. Trade Deficit: A Disaggregated Perspective," NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 247-282 National Bureau of Economic Research, Inc.
  4. Sawyer, W. Charles & Sprinkle, Richard L., 1997. "The Demand for Imports and Exports in Japan: A Survey," Journal of the Japanese and International Economies, Elsevier, vol. 11(2), pages 247-259, June.
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  7. Asier Minondo, 2010. "Exports' quality-adjusted productivity and economic growth," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 19(2), pages 257-287.
  8. Reimer, Jeffrey J. & Zheng, Xiaojuan & Gehlhar, Mark J., 2012. "Export Demand Elasticity Estimation for Major U.S. Crops," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(04), November.
  9. Devadoss, Stephen & Meyers, William H. & Helmar, Michael D., 1988. "Export Demand Elasticity: Measurement and Implications for U.S. Exports," Staff General Research Papers 10896, Iowa State University, Department of Economics.
  10. Michele Di Maio & Federico Tamagni, 2006. "The evolution of world trade and the Italian ‘anomaly': a new look," Working Papers 39-2006, Macerata University, Department of Finance and Economic Sciences, revised Oct 2008.
  11. Paola Monti, 2005. "Caratteristiche e mutamenti della specializzazione delle esportazioni italiane," Temi di discussione (Economic working papers) 559, Bank of Italy, Economic Research and International Relations Area.
  12. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
  13. Carbone, Anna & Henke, Roberto, 2012. "Sophistication and Performance of Italian Agri-food Exports," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 3(1).
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