Showing 1 - 10 of 92
The entry of China into world markets has been one of the strongest recent shocks to world trade and advanced countries. industrial sectors. This is particularly true for Italy where labour-intensive, low-technology production represents a large share of output. Using Italian manufacturing...
Persistent link: https://www.econbiz.de/10008562406
The flattening of the Phillips curve observed in the industrial countries has been attributed to globalisation, while … level, after controlling for inflation expectations, and whether it is concentrated among those firms that are more exposed … to globalisation on either the product or the labour market. The answer is negative in all cases. The results do not …
Persistent link: https://www.econbiz.de/10005770766
This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880...
Persistent link: https://www.econbiz.de/10009364461
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...
Persistent link: https://www.econbiz.de/10005770785
The paper compares the Argentine specialization model with that of the other major Latin American countries. Given the lack of production data at disaggregate level, we rely on trade flow information from the WTA Statistics Canada database (3-digit SITC classification), available for most Latin...
Persistent link: https://www.econbiz.de/10005609401
The paper analyses the most recent evolution of the trade specialisation pattern in the 10 new EU Member States. Relying on the empirical approach of the Markov transition matrices it analyses both the changes in the external shape of the distribution of comparative advantages and the...
Persistent link: https://www.econbiz.de/10005609403
We propose an analysis for the largest euro-area countries (France, Germany, Italy and Spain), based on the framework developed by Koopman et al. (2014) for tracing value added in a country’s exports by source and use. We integrate their approach by introducing an additional dimension: the...
Persistent link: https://www.econbiz.de/10011184262
The empirical work on the role of trade linkages in the transmission of economic disturbances has been limited to tests on the significance of variables of simple trade shares of partners, both bilateral and in common markets. This approach ignores additional elements deriving from the new open...
Persistent link: https://www.econbiz.de/10005113670
In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in …
Persistent link: https://www.econbiz.de/10008626023
The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics for 15 …
Persistent link: https://www.econbiz.de/10005770764