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Recent theoretical and empirical literature on international trade has renewed our understanding of specialisation and competition, especially between developed and emerging economies. Specialisation operates at the level of varieties instead of product or sector-level. Furthermore, competition...
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We revisit competitiveness issues using recent data and show that the global financial crisis has taken a toll on European producers that before 2007 were maintaining their market positions. The EU competitiveness in goods has recently deteriorated, even in the upper and high-tech segments of...
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The link between regional integration and intra-industry trade (IIT) has been under scrutiny since it has been first suggested by the European integration process. However, the lack of reliable data and the difficulty to find a robust model for IIT made this relationship difficult to prove. This...
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