Vertical Specialisation in Europe: Evidence from the Import Content of Exports
Emanuele Breda (),
Rita Cappariello () and
Roberta Zizza ()
Rivista di Politica Economica, 2007, vol. 97, issue 3, 189
We use input-output tables to estimate the import content (IC) of exports for several European countries, interpreting it as a measure of internationalisation. Between 1995 and 2000 the IC grew everywhere but in France; the transport equipment sector emerges as the most internationalised one. Italy and Germany show very different patterns, although both started from a very low level of IC. Italy experienced the weakest growth whereas Germany the most sizeable rise. We argue that Italian firms might have felt a lower pressure to transform their organisation due to the delayed effects of the 1992 and 1995 Lira crises.
JEL-codes: F14 C67 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:v:97:y:2007:i:3:p:189
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