The impact of China on manufacturing exports of Italy and Germany
Giorgia Giovannetti, Marco Sanfilippo and Margherita Velucchi
Authors registered in the RePEc Author Service: Giorgia Giovannetti (),
Marco Sanfilippo () and
Margherita Velucchi ()
No 2012/26, RSCAS Working Papers from European University Institute
This paper analyses the impact of China on the export performance of Italy and Germany to their main trading partners in the OECD markets. Given a strong specialization in the manufacturing sector, these two countries are exposed to China’s competition. Italy, with a productive structure based on so-called “traditional” sectors, is likely to be more vulnerable to China’s competitive pressure. Using data for the period 1995-2009, this paper estimates the impact of China on Italy and Germany’s market shares at a very disaggregated sector level. Results show that China has affected Italy’s and Germany’s market shares in different ways, especially during the post-WTO accession period, being on average more harmful for the former.
Keywords: China; Gravity Model; Market Shares; F-10; F-14 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:rsc:rsceui:2012/26
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