On the determinants of italian trade pattern
The main feature of the italian trade pattern is the polarization of revealed comparative advantage in the traditional labor intensive sectors. This seems at odds with the fact that Italy is a high-income industrial country. In this paper, we argue that this peculiar trade structure can be explained by the joint interaction of increasing returns to scale and factor proportions. In other words, the two main theories of international trade turn out to be useful in order to account for the current structure of italian revealed comparative advantage and its evolution in the last decades.
|Date of creation:||Mar 1998|
|Contact details of provider:|| Postal: Corso Matteotti 22 - Castellanza (VA) 21053|
Phone: +39 (0)331-572 1
Fax: +39 (0)331-572 320
Web page: http://www.liuc.it/default.asp
More information through EDIRC
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.:
- Faini, Riccardo, 1984. "Increasing Returns, Non-Traded Inputs and Regional Development," Economic Journal, Royal Economic Society, vol. 94(374), pages 308-323, June.
- Balassa, Bela, 1979. "The Changing Pattern of Comparative Advantage in Manufactured Goods," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 259-266, May.
- Ethier, Wilfred J, 1982. "Decreasing Costs in International Trade and Frank Graham's Argument for Protection," Econometrica, Econometric Society, vol. 50(5), pages 1243-1268, September.
- Thomas J. Holmes, 1999.
"Localization Of Industry And Vertical Disintegration,"
The Review of Economics and Statistics,
MIT Press, vol. 81(2), pages 314-325, May.
- Thomas J. Holmes, 1995. "Localization of industry and vertical disintegration," Staff Report 190, Federal Reserve Bank of Minneapolis.
- Leamer, Edward E & Bowen, Harry P, 1981. "Cross-Section Tests of the Heckscher-Ohlin Theorem: Comment [Factor Abundance and Comparative Advantage]," American Economic Review, American Economic Association, vol. 71(5), pages 1040-1043, December.
- Deardorff, Alan V., 1984. "Testing trade theories and predicting trade flows," Handbook of International Economics,in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 10, pages 467-517 Elsevier.
- Epifani Paolo, 2001. "Effetto di scala ed effetto proporzioni fattoriali nel commercio inter-industriale," Economia politica, Società editrice il Mulino, issue 2, pages 181-206.
- Balassa, Bela & Noland, Marcus, 1989. "The changing comparative advantage of Japan and the United States," Journal of the Japanese and International Economies, Elsevier, vol. 3(2), pages 174-188, June.
- Balassa, Bela, 1986. "Comparative Advantage in Manufactured Goods: A Reappraisal," The Review of Economics and Statistics, MIT Press, vol. 68(2), pages 315-319, May. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:liu:liucec:51. 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: (Piero Cavaleri)
If references are entirely missing, you can add them using this form.