Autori:
Reganati, Filippo,
Pittiglio, RosannaTitolo:
Two-way international trade and production in Italy: a country/industry specific analysisPeriodico:
Studi economici [1950]Anno:
2007 - Volume:
62 - Fascicolo:
91 - Pagina iniziale:
75 - Pagina finale:
89Two-way International Trade and Production in Italy: A Country/industry Specific Analysis (by Filippo Reganati, Rosanna Pittiglio) - ABSTRACT: Economic interactions among high-income developed countries are characterized by high degrees of both intra-industry trade and intra-industry affiliate production and sales. Similar high-income countries both heavily trade with and invest into each other. This paper examines the determinants of Italian intra-industry trade and intra-industry production with most European trading partners using a dataset where variables are different not only between countries but also between sectors of the same country. Using different econometric methods, the results obtained suggest that intra-industry trade and intra-industry production tend to share the same determinants; in particular they are higher as the two partner countries are more similar in relative factor endowments (physical and technological capital), in relative country size and are less geographically distant. Keywords: Intra-industry Trade, Intra-industry Foreign Direct Investment
SICI: 0039-2928(2007)62:91<75:TITAPI>2.0.ZU;2-Z
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