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The Italian anomaly in the evolution of international trade

Michele Di Maio and Federico Tamagni

QA - Rivista dell'Associazione Rossi-Doria, 2008, issue 3

Abstract: This study offers a quantitative assessment of the international specialization of Italy in view of the evolving patterns of international trade over the period 1980-2000. The analysis is based upon the co-evolution of the PRODY index, recently proposed in Hausmann et al. (2005), together with the classical Balassa index of revealed comparative advantage. Our findings suggest that Italian specialization is persistent and increasing in sectors characterized by decreasing capacity to sustain economic growth.

Keywords: International Trade; Specialization Mode; PRODY Index; Revealed Comparative Advantages (search for similar items in EconPapers)
JEL-codes: C14 F14 F43 (search for similar items in EconPapers)
Date: 2008
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