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Italian Regions In Global Value Chains: an Input-Output Approach

Chiara Bentivogli (), Tommaso Ferraresi (), Paola Monti (), Renato Paniccià () and Stefano Rosignoli ()
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Chiara Bentivogli: Bank of Italy
Tommaso Ferraresi: IRPET
Paola Monti: Bank of Italy
Renato Paniccià: IRPET
Stefano Rosignoli: IRPET

No 462, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: This work uses input-output techniques to analyse the value added content of the interregional and international trade of Italian regions, which are characterized by marked differences in their level of development and production structure. Regions differ from one another in their degree of dependence on international and other regions’ demand: in those of the Centre and North, the contribution of foreign demand to regional production of value added is greater than in Southern Italy, where the role of national demand is much more important. Most regions show a significant participation in global value chains for given amounts of exports to other countries and regions which, however, are smaller overall in relation to total production in the South. The latter is also somewhat peripheral in the geography of international trade and depends to a greater extent on national suppliers; moreover, the supply ties between the different regions of the South are weak compared with the ties with some regions of the Centre and North.

Keywords: global value chains; input-output tables; trade in value added; regional trade (search for similar items in EconPapers)
JEL-codes: E16 F1 F14 F15 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-int
Date: 2018-10
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