This paper describes the main features of Global Value Chains (GVCs) in the euro area taken as a whole and compares with other large trade players like the US, China and Japan. In addition, the perspective of individual euro area countries is considered, with a focus on intra euro area linkages....

This study estimates the average tariffs that the producers of each of the 27 EU countries could face when exporting to the UK in the event that a new Free Trade Agreement is not reached as part of the Brexit negotiation and that trade between the EU and the UK is conducted under WTO...

This paper evaluates the extent of internationalisation of production between 1995 and 2006 for Italy and Germany. The analysis is based on a large set of indicators of international outsourcing including a new one, the direct and indirect import content of production, which also takes into...

Italian Abstract:Il lavoro analizza le principali tendenze e le caratteristiche strutturali del settore del turismo in Italia, a cui sono riconducibili oltre il 5 per cento del PIL e oltre il 6 per cento dell’occupazione del Paese. Si mostra come negli anni più recenti il sistema turistico...

The aim of this paper is to analyse the effects in terms of output, price and budget level, of monetary and fiscal policies aimed at stabilising the level of output and, thus, employment. This issue is discussed by using a one-shot game which investigates on the macroeconomic consequences of the...

The paper evaluates the extent of production internationalisation in Italy and Germany from 1995 to 2007. The analysis is based on a broad set of international outsourcing indicators to which we have added a new indicator to take account also of the import content of domestic inputs: the direct...

This paper evaluates the extent of internationalisation of production between 1995 and 2006 for Italy and Germany. The analysis is based on a large set of indicators of international outsourcing including a new one, the direct and indirect import content of production, which also takes into...