Negli ultimi vent'anni, l'apertura commerciale delle economie dell'Asia orientale – con abbondanza relativa di lavoro - ha eroso il vantaggio comparato dei paesi a reddito medio-alto nei manufatti ad alta intensità di lavoro. Questo fenomeno ha colpito particolarmente l’Italia, notoriamente...

This paper studies imports of quality products. The issue is more and more relevant because of the strong evidence of such differentiation in international trade. We first derive individual demand, then we aggregate without using the representative consumer hypothesis. We find that quality...

Intra-Industry Trade implies similar trade specialisation and is often associated with product differentiation. Differentiation depends on either quality or characteristics and two-way flows can be divided accordingly. If quality matters, we can measure relative quality of exports and imports....

In the debate on future prospects in East Asia after the recent economic crisis, this paper focuses on trade-based explanations of growth to study whether exports may lead the recovery of the five crisis-hit countries. For each of them, it analyses, at different levels of disaggregation, the...

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...