1,721,032 research outputs found
The intra-industry trade for a high-income country: new empirical evidence for Italy
Full text linkThis paper examines the determinants of Italian intra-industry trade in horizontally and vertically differentiated
products, using a dataset which eliminates the effects linked to the hypothesis of homogeneity both between
countries - when specific industry characteristics are analysed - and between sectors - within the same country. In
this way, within limits, we have tried to address an issue raised by Greenaway et al. in 1999 which, in the light of
the current state of the literature on intra-industry trade, does not seem to have been explicitly dealt with.
Our paper highlights how strong the impact of this hypothesis could be in the analyses of the determinants of intraindustry
trade in the case of Italy
L’evoluzione delle esportazioni italiane e dei principali paesi industrializzati: un’analisi Constant Market Share
No full textCommercio e Produzione Internazionale: un’analisi sul caso italiano
No full textIl presente lavoro vuole essere un momento di sintesi dei fattori che stanno caratterizzando il
processo di internazionalizzazione dell’economia italiana, alla luce delle recenti vicende
economiche che hanno sollecitato una rivisitazione delle più moderne teorie del commercio
internazionale.
Nello specifico, attraverso un’analisi puramente descrittiva, si è provveduto a misurare il livello di
commercio intra-industriale dell’Italia nei confronti dei paesi OCSE relativamente al periodo
1996-2001. Inoltre, in un quadro unitario, è stata analizzata la rilevanza della produzione
internazionale nella spiegazione dei flussi di commercio intra-industriale.
I risultati ottenuti mostrano come, nell’interpretazione dei flussi bilaterali di commercio intraindustriale
nell’attuale scenario dell’economia mondiale, non si possa ignorare il ruolo assunto
dalla produzione internazionale effettuata dalle imprese multinazionali
The Italian intra-industry with OECD countries: a re-examination on industry/country specific determinants
No full textAn Essay on Intra-Industry Trade in Intermediate Goods
Full text linkThis paper contributes to the debate on the effects of international fragmentation on two-way trade in several ways. Firstly, it is the first study on determinants of horizontal and vertical intraindustry trade in intermediate goods with regard to Italy. Secondly, it studies if and how country-specific factors affect intra-industry trade in intermediate goods when heterogeneity among sectors is allowed. The topic is very important for its policy implications. As is known, the early literature distinguishing vertical from horizontal intra-industry trade is especially concerned that their determinants are not the same, and that an expansion in two-way trade might have different adjustment implications depending on its nature. In the case of input trade, the same motivation applies (since intermediates are a subset of total goods traded) but to a greater extent. The analysis, on the one hand has produced results that support the theoretical hypotheses, on the other hand has confirmed the relevance of considering intersectoral heterogeneity in analyzing determinants of intra-industry trade in intermediate goods
Horizontal and Vertical Intra‐Industry Trade: An Empirical Test of the ‘Homogeneity Hypothesis’
No full textIn this paper, we study if and how country-specific factors affect intra-industry trade (IIT) when heterogeneity among sectors is allowed for. The paper is novel in that it is the first that addresses an issue raised by Greenaway et al. (Oxford Bulletin of Economics and Statistics, 1999, 61, 365). Specifically, employing data on a sample of OECD countries over a 10-year period (1997–1998), we build on and take forward a methodology pioneered by Balassa and Bauwens (Economic Journal, 1987, 97, 923) to study the determinants of horizontal and vertical IIT using a multi-industry approach. In doing this, we seek to avoid the more extreme measurement problems by allowing for heterogeneity among sectors when country-specific factors are analysed and among countries when industry-specific factors are considered. The results are compared to those obtained using the traditional method that does not consider intersectoral heterogeneity. We find that the two models yield statistically different results. Moreover, the tests regarding the choice of model – that is, econometric tests designed to compare one model with another when different sets of explanatory variables are used – confirm the relevance of intersectoral heterogeneity in affecting IIT. To the best of our knowledge, a similar analysis has not yet appeared in the empirical literature on IIT
I rapporti commerciali tra Cina, Europa e Italia
No full textPubblicazione in numero speciale della Rivista di Economia Italiana "La media e piccola impresa nello scenario della globalizzazione
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