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This paper focus on the analysis of import demand functions in presence of quality differentiated products. This issue is more and more relevant because of the strong evidence of such kind of differentiation. Here we first derive individual elasticities, then we aggregate them to the national...
Persistent link: https://www.econbiz.de/10004974522
Central and Eastern European Countries have increased the weight of international trade on their GDP and the role of Foreign Direct Investment. Some are key final market for EU companies. Their integration, though, has been triggered by outsourcing and offshoring. Data show that their industrial...
Persistent link: https://www.econbiz.de/10004975856
The move towards export-oriented development strategies by China has increased concerns about the ability of Italian manifactures to effectively face price competition from emerging economies. This paper explores the hypothesis that the superior quality of Italian goods could support Italian...
Persistent link: https://www.econbiz.de/10004975867
This paper focuses on the estimation of sectoral import demand for Italy with European Union Countries, Japan, Canada and the United States. A strong evidence of two-way flows and product differentiation is an accepted regularity of the international trade. Given that, we have tried to include...
Persistent link: https://www.econbiz.de/10004975879