This paper presents the new competitiveness indicators of the Bank of Italy. While the old ones were calculated with reference to 25 industrial or OECD countries, the new indicators are available for 62 countries, including the main emerging and developing economies. In order to extend the...

With the rise of global value chains, effective protection rates (EPRs) provide important insights on the impact of nominal tariffs on the competitiveness of industries. Building on the results of the OECD-WTO Trade in Value-Added TiVA database, the paper analyses the evolution of EPRs in about...