Italian agri-food exports in the international arena
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.
|Date of creation:||Jun 2013|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.aieaa.org/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Devadoss, Stephen & Meyers, William H. & Helmar, Michael D., 1988. "Export Demand Elasticity: Measurement and Implications for U.S. Exports," Staff General Research Papers Archive 10896, Iowa State University, Department of Economics.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
Review of Economic Studies,
Oxford University Press, vol. 58(2), pages 277-297.
- Tom Doan, . "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- 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.
- Dani Rodrik, 2006.
"What's So Special about China's Exports?,"
China & World Economy,
Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(5), pages 1-19.
- Dani Rodrik, 2006. "What's So Special about China's Exports?," NBER Working Papers 11947, National Bureau of Economic Research, Inc.
- Rodrik, Dani, 2006. "What's So Special About China's Exports?," CEPR Discussion Papers 5484, C.E.P.R. Discussion Papers.
- Rodrik, Dani, 2006. "What's So Special about China's Exports?," Working Paper Series rwp06-001, Harvard University, John F. Kennedy School of Government.
- Antimiani, Alessandro & Henke, Roberto, 2006. "Old and new partners: similarity and competition in the EU foreign trade," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10082, European Association of Agricultural Economists.
- Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2005.
"What You Export Matters,"
NBER Working Papers
11905, National Bureau of Economic Research, Inc.
- Hausmann, Ricardo & Hwang, Jason & Rodrik, Dani, 2005. "What You Export Matters," Working Paper Series rwp05-063, Harvard University, John F. Kennedy School of Government.
- Hausmann, Ricardo & Hwang, Jason & Rodrik, Dani, 2006. "What You Export Matters," CEPR Discussion Papers 5444, C.E.P.R. Discussion Papers.
- 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.
- Reimer, Jeffrey J. & Zheng, Xiaojuan & Gehlhar, Mark J., 2012. "Export Demand Elasticity Estimation for Major U.S. Crops," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(04), pages 501-515, November.
- David Roodman, 2009.
"How to do xtabond2: An introduction to difference and system GMM in Stata,"
StataCorp LP, vol. 9(1), pages 86-136, March.
- David Roodman, 2006. "How to Do xtabond2: An Introduction to "Difference" and "System" GMM in Stata," Working Papers 103, Center for Global Development.
- Michele Di Maio & Federico Tamagni, 2008.
"The Evolution of World Export Sophistication and the Italian Trade Anomaly,"
Rivista di Politica Economica,
SIPI Spa, vol. 98(1), pages 135-174, January-F.
- Michele Di Maio & Federico Tamagni, 2007. "The Evolution of the World Trade and the Italian ‘Anomaly’: A New Look," Development Working Papers 227, Centro Studi Luca d'Agliano, University of Milano.
- Michele Di Maio & Federico Tamagni, 2006. "The evolution of world trade and the Italian â€˜anomaly': a new look," Working Papers 39-2006, Macerata University, Department of Finance and Economic Sciences, revised Oct 2008.
- Dani Rodrik, 2006. "Whatâ€™s So Special about Chinaâ€™s Exports?," Working Papers id:410, eSocialSciences.
- 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.
- 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.
- 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).
- Lall, Sanjaya & Weiss, John & Zhang, Jinkang, 2006. "The "sophistication" of exports: A new trade measure," World Development, Elsevier, vol. 34(2), pages 222-237, February.
- 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.
When requesting a correction, please mention this item's handle: RePEc:ags:aiea13:149888. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.