Autori
Cappariello, RitaBreda, EmanueleTitolo
A tale of two bazaar economies: an input-output analysis of Germany and ItalyPeriodico
Economia e politica industrialeAnno:
2012 - Volume:
39 - Fascicolo:
2 - Pagina iniziale:
111 - Pagina finale:
137The paper evaluates the extent of production internationalisation in Italy and Germany from 1995 to 2007. The analysis is based on a broad set of international outsourcing indicators to which we have added a new indicator to take account also of the import content of domestic inputs: the direct and indirect import content of production. In 2007, both countries showed a similar intensity of international offshoring, although Italian manufacturing firms showed a slightly higher rate. From a dynamic viewpoint, both economies spurred substantial growth in off-shoring in 1995-2000, although the growth was stronger in Germany, where at least manufacturing started from a lower level. In 2001-2003, off-shoring levels stagnated in both economies, although growth quickly resumed in 2004-2007, suggesting a shift in the strategic direction and the reorganisation of production by Italian firms. The new challenges posed by globalisation, the widespread take-up of information and communication technologies, and the adoption of the euro have induced the most dynamic Italian firms to retool their organisational set-up, including the degree of vertical specialisation.
SICI: 0391-2078(2012)39:2<111:ATOTBE>2.0.ZU;2-A
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