A tale of two bazaar economies: an input-output analysis of Germany and Italy

The 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.;

Keywords:Utilizzo di input importati, tavole input-output

Jel codes:F14, C67

• Theoretical free energies of electron transfer, electrochemical properties, electron transfer kinetic and quantitative structural relationships studies of alkynyldihydrofullerene in [X-UT-Y][R-C60–M+] supramolecular complexes Avat Arman Taherpour, Masomeh Tayebi-Suraki, Nosratollah Mahdizadeh, in European Journal of Chemistry /2012 pp.340
  DOI: 10.5155/eurjchem.3.3.340-347.614
• Il Sistema Industriale Italiano Tra Globalizzazione E Crisi (The Italian Industrial System between Globalization and Crisis) Antonio Accetturo, Antonio Bassanetti, Matteo Bugamelli, Ivan Faiella, Paolo Finaldi Russo, Daniele Franco, Silvia Giacomelli, Massimo Omiccioli, in SSRN Electronic Journal /2013
  DOI: 10.2139/ssrn.2369293
• Value Chains and the Great Recession: Evidence from Italian and German Firms Antonio Accetturo, Anna Giunta, in SSRN Electronic Journal /2016
  DOI: 10.2139/ssrn.2759835
• German and Italian manufacturing performances: a premise to a comparison Alessandro Arrighetti, Augusto Ninni, in ECONOMIA E POLITICA INDUSTRIALE 2/2012 pp.5
  DOI: 10.3280/POLI2012-002001
• L'evoluzione del sistema moda in Veneto Emanuele Breda, Lucia Schiavon, in ECONOMIA E SOCIETÀ REGIONALE 3/2018 pp.148
  DOI: 10.3280/ES2017-003008
• Geografia Delle Statistiche SulllInternazionalizzazione (Geography of Internationalization Statistics) Chiara Bentivogli, Giacomo Oddo, Valeria Pellegrini, in SSRN Electronic Journal /2014
  DOI: 10.2139/ssrn.2575664
• Offshoring, industry heterogeneity and employment Alessandro Bramucci, Valeria Cirillo, Rinaldo Evangelista, Dario Guarascio, in Structural Change and Economic Dynamics /2021 pp.400
  DOI: 10.1016/j.strueco.2017.09.002
• Value chains and the great recession: Evidence from Italian and German firms Antonio Accetturo, Anna Giunta, in International Economics /2018 pp.55
  DOI: 10.1016/j.inteco.2017.07.002

Emanuela Breda, Rita Cappariello, A tale of two bazaar economies: an input-output analysis of Germany and Italy in "ECONOMIA E POLITICA INDUSTRIALE " 2/2012, pp 111-137, DOI: 10.3280/POLI2012-002005