Showing 1 - 10 of 41
Department: Economics.
Persistent link: https://www.econbiz.de/10009472098
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 data collected by the IMF in the Coordinated Portfolio Investment Survey (CPIS) provide a unique source for foreign portfolio asset holdings, with details on the breakdown by instrument and counterpart country. In the presence of sizeable cross-border positions in mutual funds, which are...
Persistent link: https://www.econbiz.de/10005770791
The work of Ghironi and Melitz (2005) is at the frontier of international real business cycle (IRBC) models with heterogeneous firms. In their model, the dynamic behaviour of real marginal costs is puzzling: a positive technology shock hitting the home country makes it permanently less...
Persistent link: https://www.econbiz.de/10009654299
We compare the price elasticity of import demand in the destination markets of Italian exports to the price elasticity in the destination markets of the other main euro-zone countries’ exports. We use the elasticities of substitution across varieties estimated for each destination market by...
Persistent link: https://www.econbiz.de/10008914224
The aim of this paper is to compare the price elasticity of import demand in the destination markets of Italian exports to the price elasticity in the destination markets of the other main euro-area countries� exports. To this end, we use the elasticities of substitution across varieties...
Persistent link: https://www.econbiz.de/10008692067
Persistent link: https://www.econbiz.de/10000997554
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...
Persistent link: https://www.econbiz.de/10014104418
This paper provides new Bank of Italy indicators of price competitiveness for 62 countries. We refreshed the approach adopted by the Bank in the 1990s but later discontinued in 2005 due to the cumbersome statistical requirements in order to accommodate the significant extension of the original...
Persistent link: https://www.econbiz.de/10012999552
The new international standards for national accounts and balance of payments statistics (ESA 2010 and BPM6) introduced a new treatment of goods sent abroad for processing without changing ownership, now considered as an exchange of services. In this paper we explore to what extent this...
Persistent link: https://www.econbiz.de/10012999588