Luca De Benedictis

Hub-and-Spoke or else? Free trade agreements in the 'enlarged' European Union (2005)

Luca De Benedictis, Roberta De Santis, Claudio Vicarelli

The object of this paper is to estimate if and how the Central European Free Trade Agreement (CEFTA) and the Baltic Free Trade Agreement (BFTA) exerted a significant impact on intra-European trade,...

Globalization

Luca De Benedictis, Rodolfo Helg

This paper looks at some aspect of globalisation. After a discussion on its definition, the first part highlights historical evolution of globalisation in its major components (trade flows, foreign...

Hub-and-Spoke or Else? Free Trade Agreements in the Enlarged EU - A Gravity Model Estimate

Luca De Benedictis, Roberta De Santis, Claudio Vicarelli

The aim of this paper is to estimate the effect of the EU’s eastern enlargement on the trade patterns of the Central and Eastern European countries (CEECs) that joined the Union in May 2004. In...

Overall Specialization Empirics: Techniques and Applications

Luca De Benedictis, Massimo Tamberi

It is customary in the empirical trade literature to analyze specialization patterns of countries using Revealed Comparative Advantage (RCA) measures. This paper explores the informational content of...

A note on the Balassa Index of Revealed Comparative Advantage

Luca DE BENEDICTIS, Massimo TAMBERI

international trade, revealed comparative advantage, specialization

Hub-and-Spoke or else? Free trade agreements in the 'enlarged' European Union

Luca De Benedictis, Roberta De Santis, Claudio Vicarelli

The object of this paper is to estimate if and how the Central European Free Trade Agreement (CEFTA) and the Baltic Free Trade Agreement (BFTA) exerted a significant impact on intra-European trade,...

Hub-and-Spoke or else? Free trade agreements in the 'enlarged' European Union

Luca De Benedictis, Roberta De Santis, Claudio Vicarelli

The object of this paper is to estimate if and how the Central European Free Trade Agreement (CEFTA) and the Baltic Free Trade Agreement (BFTA) exerted a significant impact on intra-European trade,...

Overall Specialization and Income: Countries Diversify

Luca De Benedictis, Marco Gallegati, Massimo Tamberi

This paper gives evidence to a stylized fact often disregarded in international trade empirics: countries' diversification. In the last fifteen years, the growth of world trade coexisted with the...

Multiple Regimes in Cross-Region Growth Regressions with Spatial Dependence: A Parametric and a Semi-parametric Approach

Roberto Basile, Luca De Benedictis, Sergio De Nardis, Marianna Mantuano

This paper studies the distribution dynamics of development across European regions over the period 1975-2000. Regional development is measured in terms of both per capita GDP (Y/P) and its...

Regional Unemployment and Productivity in Europe and the US

Roberto Basile, Luca De Benedictis

The existence and persistence of large spatial disparities in un-employment within national economies is a central issue in regional economics. Previous empirical analyses have largely disregarded...

Openness, Specialization and Growth

Luca De Benedictis

This paper explores the link between trade and growth showing how the relationship between openness and per capita income is contingent to the size and the level of export specialization of...

Three Decades of Italian Comparative Advantages

Luca De Benedictis

This paper explores the structure of Italian revealed comparative advantages (RCA), focusing on the export structure itself, on its changes over time and on its degree of persistence. The analysis is...

Similarity in trade structures, integration and catching-up

Luca De Benedictis, Lucia Tajoli

In this paper, we look at the role of export composition in the growth process, considering how increased similarity in trade structure among countries can induce catching-up in income levels in a...

TRADE POTENTIALS IN GRAVITY PANEL DATA MODELS

Luca De Benedictis, Claudio Vicarelli

In the last decade, a lot of effort has been produced in empirical international trade to explain bilateral volume of trade through the estimation of a gravity equation. A substantial share of this...

Hub-and-Spoke or else? Free trade agreements in the “enlarged” European Union

Luca De Benedictis, Roberta De Santis, Claudio Vicarelli

The object of this paper is to estimate the effect of European Union eastwards enlargement process on trade patterns in the Union. In particular, we intend to investigate whether and how the EU Free...

Semiparametric analysis of the specialization-income relationship

Luca De Benedictis, Marco Gallegati, Massimo Tamberi

In this article we investigate the empirical relationship between overall specialization and per capita income. The metric we use to measure overall specialization is the median of the sectoral...

Trade balance and terms of trade in U.S.: a time-scale decomposition analysis

Luca De Benedictis, Marco Gallegati

The aim of this paper is to provide evidence on the nature of the relationship between the terms of trade and the trade balance for US on a scale-by-scale basis using wavelet analysis. Thus, after...

Trade Potentials in Gravity Panel Data Models

Luca De Benedictis, Claudio Vicarelli

The paper shows how - using as an example the trade flows between eleven European countries and 31 OECD `reporting' countries - the result of a gravity model, in terms of potential trade, changes...

Openness, similarity in export composition, and income dynamics

Luca De Benedictis, Lucia Tajoli

A relevant share of the theoretical and empirical analysis on economic growth has been devoted to finding a specific role for international trade in reinforcing countries' growth rates. Not as much...

Similarity in export composition and catching-up

Luca De Benedictis, Lucia Tajoli

In this paper we look at the role of export composition in the growth process, considering how increased similarity in trade structure among countries can induce catching-up in income levels. We...

Overall Specialization and Income: Countries Diversity

Luca De Benedictis, Marco Gallegati, Massimo Tamberi

   This paper gives evidence to a stylized fact often disregarded in international trade empir-ics: countries' diversification. In the last fifteen years, the growth of world trade coexistedwith...

Similarity in trade structures, integration and catching-up

Luca De Benedictis, Lucia Tajoli

In this paper, we look at the role of export composition in the growth process, considering how increased similarity in trade structure among countries can induce catching-up in income levels in a...

Regional unemployment and productivity in Europe

Roberto Basile, Luca De Benedictis

We analyse the relationship between regional unemployment and labour productivity in Europe, basing our empirical analysis on the predictions of a Neary-type General Oligopolistic Equilibrium trade...

Economic integration, similarity and convergence in the EU and CEECs trade structures

Luca De Benedictis, Lucia Tajoli

In this paper we look at similarity and convergence between the EU and four of the so-called ”accession countries” of Central and Eastern Europe in terms of trade patterns. We analyse the trade...

Similarity in export composition and catching-up

Luca De Benedictis, Lucia Tajoli

In this paper we look at the role of export composition in the growth process, considering how increased similarity in trade structure among countries can induce catching-up in income levels. We...

Overall Specialization and Income: Countries Diversity

Luca De Benedictis, Marco Gallegati, Massimo Tamberi

   This paper gives evidence to a stylized fact often disregarded in international trade empir-ics: countries' diversification. In the last fifteen years, the growth of world trade coexistedwith...

Similarity in export composition and catching-up

Luca De Benedictis, Lucia Tajoli

In this paper we look at the role of export composition in the growth process, considering how increased similarity in trade structure among countries can induce catching-up in income levels. We...

Overall Specialization and Income: Countries Diversity

Luca De Benedictis, Marco Gallegati, Massimo Tamberi

   This paper gives evidence to a stylized fact often disregarded in international trade empir-ics: countries' diversification. In the last fifteen years, the growth of world trade coexistedwith...

The World Trade Network

Luca De Benedictis, Lucia Tajoli

 This paper uses the tools of network analysis and graph theoryto graphically and analytically represent the characteristics of worldtrade. The structure of the World Trade Network is compared...

Trade Potentials in Gravity Panel Data Models

Luca De Benedictis, Claudio Vicarelli

The paper shows how - using as an example the trade flows between eleven European countries and 31 OECD `reporting' countries - the result of a gravity model, in terms of potential trade, changes...