Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963

Italy’s foreign trade increased spectacularly in the decade ending in 1963, a major factor contributing to its rapid economic growth in this period. However, following this period a new set of conditions emerged, resulting in an easing in the external payments situation. 1963 thus appears to mark a...

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Main Author: R.M. STERN
Format: Article
Language:English
Published: Associazione Economia civile 2014-02-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11622
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author R.M. STERN
author_facet R.M. STERN
author_sort R.M. STERN
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description Italy’s foreign trade increased spectacularly in the decade ending in 1963, a major factor contributing to its rapid economic growth in this period. However, following this period a new set of conditions emerged, resulting in an easing in the external payments situation. 1963 thus appears to mark a turning point in the rate and pattern of Italy’s economic growth. The present paper analyses this shift by reviewing the major developments that have occurred in foreign trade in the preceding years. The author determines the contributions to changes in total Italian exports which may be attributable to changes in the commodity composition, market distribution, and competitiveness of these exports. In addition, imports are examined with particular reference to changes in their commodity composition and regions of origin.   JEL: F10, O52
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spelling doaj.art-3cf77a76a11b49cbaaf1ddd6177b06862023-02-03T16:44:18ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-02-01187210.13133/2037-3643/11622Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963R.M. STERNItaly’s foreign trade increased spectacularly in the decade ending in 1963, a major factor contributing to its rapid economic growth in this period. However, following this period a new set of conditions emerged, resulting in an easing in the external payments situation. 1963 thus appears to mark a turning point in the rate and pattern of Italy’s economic growth. The present paper analyses this shift by reviewing the major developments that have occurred in foreign trade in the preceding years. The author determines the contributions to changes in total Italian exports which may be attributable to changes in the commodity composition, market distribution, and competitiveness of these exports. In addition, imports are examined with particular reference to changes in their commodity composition and regions of origin.   JEL: F10, O52 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11622Italyforeign tradeeconomic growthexportsimports
spellingShingle R.M. STERN
Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
PSL Quarterly Review
Italy
foreign trade
economic growth
exports
imports
title Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
title_full Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
title_fullStr Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
title_full_unstemmed Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
title_short Developments in the commodity composition, market distribution, and competitiveness of Italy’s foreign trade, 1955-1963
title_sort developments in the commodity composition market distribution and competitiveness of italy s foreign trade 1955 1963
topic Italy
foreign trade
economic growth
exports
imports
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11622
work_keys_str_mv AT rmstern developmentsinthecommoditycompositionmarketdistributionandcompetitivenessofitalysforeigntrade19551963