Search results for "international specialization"
showing 2 items of 2 documents
STRUCTURAL CHANGES IN INTERNATIONAL TRADE: INTER-INDUSTRY SHIFTS IN COMPARATIVE ADVANTAGE
2012
The contemporary industrial configuration centered on intra-firm trade and cross border commodity chains has made comparative advantage look like a rusty concept. Prior to globalization, shifts in comparative advantage would occur mainly across industries, causing clear-cut changes in countries’ specialization patterns. By contrast, when factors of production are allowed to move freely across national boundaries, the picture gets somewhat fuzzy: the comparative advantage concept requires a different approach that should take into account the increasing disintegration of production processes and spreading of economic activities across the globe. Due to their relatively high mobility and prop…
PATTERNS OF COMPARATIVE ADVANTAGES AND THEIR CHANGE FOR THE WINE INDUSTRY IN THE INTERNATIONAL SCENARIO
2015
The aim of this study is to analyse the specialization patterns of the main wine world actors, consumers and traders, so as to verify whether or not the patterns of comparative advantages for the trade of this countries have experienced significant changes over the period 2003-2012. The analysis carried out through the estimating of Lafay index reveals deep changes in the global wine market. In particular Italy, France, and Spain, though keeping an unquestioned importance in the international scenario, are experiencing a progressive loss of competitiveness. Differently, new countries have reinforced their presence in the international market, and among them Chile for the bottled wines, and …