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Il modello di specializzazione internazionale dell'Italia e dei principali paesi europei: omogeneit� e convergenza

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  • Matteo Bugamelli

    () (Bank of Italy, Economic Research Department)

Abstract

This paper compares main European countries and the euro area specialization patterns. The analysis, that covers the period 1988-1997 and is based on a detailed sectoral breakdown, provides evidence to assess the degree of structural differences and convergence among European countries, which have become important issues since the birth of the European monetary union. We find that the former ones are quite large. While France and Germany are very similar to the area as a whole, Italy and Spain results to be different, with comparative advantages over goods whose production requires technologies operated by unskilled workers. This is particularly true for Italy that therefore might be more exposed to asymmetric effects of exogenous shocks and even of European policies. From the evolution of specialization patterns between the beginning and the end of the nineties, we find weak signs of convergence within the euro area; again Italy differs and shows a slower and more uncertain path of change, even when compared to Spain.

Suggested Citation

  • Matteo Bugamelli, 2001. "Il modello di specializzazione internazionale dell'Italia e dei principali paesi europei: omogeneit� e convergenza," Temi di discussione (Economic working papers) 402, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:wptemi:td_402_01
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    Cited by:

    1. Fabrizio Onida, 2003. "Growth, competitiveness and firm size: factors shaping the role of Italy’s productive system in the world arena," KITeS Working Papers 144, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jul 2003.
    2. Daniela Marconi & Valeria Rolli, 2007. "Comparative advantage patterns and domestic determinants in emerging countries: an analysis with a focus on technology," Temi di discussione (Economic working papers) 638, Bank of Italy, Economic Research and International Relations Area.
    3. Alessia Amighini & Stefano Chiarlone, 2003. "Rischi e opportunità dell’integrazione commerciale cinese per la competitività internazionale dell'Italia," KITeS Working Papers 149, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2003.
    4. Ferrarini, Benno & Scaramozzino, Pasquale, 2016. "Production complexity, adaptability and economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 52-61.
    5. Patrizio Pagano & Fabiano Schivardi, 2003. "Firm Size Distribution and Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(2), pages 255-274, June.
    6. Paola Caselli & Andrea Zaghini, 2005. "International specialization models in Latin America: the case of Argentina," Temi di discussione (Economic working papers) 558, Bank of Italy, Economic Research and International Relations Area.
    7. Ricotta, Fernanda & Mannarino, Lidia & Pupo, Valeria & Succurro, Marianna, 2008. "Export quality in the machinery sector: Some evidence from main competitors," MPRA Paper 12677, University Library of Munich, Germany.
    8. Mannarino, Lidia & Pupo, Valeria & Ricotta, Fernanda & Succurro, Marianna, 2009. "International Specialisation and Quality Focus on the Machinery Sector," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 62(4), pages 439-468.

    More about this item

    Keywords

    specialization patterns; comparative advantage; convergence; monetary union;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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