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This paper estimates a pricing-to-market equation for Italy over the period 1990-99 with the aim of assessing the degree of exchange rate pass-through (ERPT). As compared to previous works, we minimize aggregation and selection biases using export data on all products (about 700 from 4 digits of...
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Italy�s sluggish export performance with respect to world trade in the second half of the 1990s. In particular, the … analysis focuses on the role of product specialisation in relation to world trade growth and competition from emerging … export growth because world demand for traditional and specialised suppliers products expanded at a slower pace in the 1990s …
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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
structure of world demand. Only Veneto shifted its specialisation from low-tech to high-tech, while the other regions became … with stronger world export growth, though they show some advantages in industries whose world demand rose at intermediate … speed. Over the decade the specialisation in the world fastest growing sectors grew for Veneto, was unchanged for Marche …
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