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This paper aims at investigating whether and how the intensity of trade between a pair of countries changes when they experience improvements in their infrastructural systems. We carry out our analysis considering countries participating in the Belt and Road Initiative (BRI), a project specifically designed to promote infrastructural connectivity and therefore boost trade among the countries involved. Our empirical strategy relies on a particular specification of the gravity model, in which the dependent variable consists in an index of revealed trade preferences, calculated by comparing the actual value of trade flows between two countries with their expected value, proportional to the two countries’ total trade. Such methodology allows us to estimate bilateral trade intensity without resorting to the traditional “size” variables of the gravity model, taking the entire network of multilateral trade into account. We then study the possible impact of an improvement in infrastructure on a ‘gravity-adjusted’ measure of trade preferences, given by the residuals of our first estimations. Our results indicate that bilateral preferences among BRI countries will intensify inasmuch as they succeed in coordinating their infrastructural projects.
Cristina Di Stefano; P. Lelio Iapadre; Ilaria Salvati. Trade and Infrastructure in the Belt and Road Initiative: A Gravity Analysis Based on Revealed Trade Preferences. Journal of Risk and Financial Management 2021, 14, 52 .
AMA StyleCristina Di Stefano, P. Lelio Iapadre, Ilaria Salvati. Trade and Infrastructure in the Belt and Road Initiative: A Gravity Analysis Based on Revealed Trade Preferences. Journal of Risk and Financial Management. 2021; 14 (2):52.
Chicago/Turabian StyleCristina Di Stefano; P. Lelio Iapadre; Ilaria Salvati. 2021. "Trade and Infrastructure in the Belt and Road Initiative: A Gravity Analysis Based on Revealed Trade Preferences." Journal of Risk and Financial Management 14, no. 2: 52.
In this introduction to the special section on globalization, regionalization, and multi-polarity, we review network analysis applications to the study of globalization as a complex and multi-dimensional phenomenon and we explore the frontiers of our knowledge about the network properties of global systems. We focus on the global economic (trade and investment), political, and migration systems.
Philippe De Lombaerde; Lelio Iapadre; Ann McCranie; Lucia Tajoli. Using network analysis to study globalization, regionalization, and multi-polarity—Introduction to special section. Network Science 2018, 6, 494 -516.
AMA StylePhilippe De Lombaerde, Lelio Iapadre, Ann McCranie, Lucia Tajoli. Using network analysis to study globalization, regionalization, and multi-polarity—Introduction to special section. Network Science. 2018; 6 (4):494-516.
Chicago/Turabian StylePhilippe De Lombaerde; Lelio Iapadre; Ann McCranie; Lucia Tajoli. 2018. "Using network analysis to study globalization, regionalization, and multi-polarity—Introduction to special section." Network Science 6, no. 4: 494-516.
P. Lelio Iapadre; Giuseppe Pace. Trade Intermediaries and the Tariff Pass-through. Journal of Industry, Competition and Trade 2016, 16, 441 -454.
AMA StyleP. Lelio Iapadre, Giuseppe Pace. Trade Intermediaries and the Tariff Pass-through. Journal of Industry, Competition and Trade. 2016; 16 (4):441-454.
Chicago/Turabian StyleP. Lelio Iapadre; Giuseppe Pace. 2016. "Trade Intermediaries and the Tariff Pass-through." Journal of Industry, Competition and Trade 16, no. 4: 441-454.
In this paper, the authors start from the observation of two apparently contradictory trends: the increasing regionalization of trade and the proliferation of regional trade agreements, on the one hand, and the increase of the average number of trading partners of each country and of the trading distances over time due to decreasing transportation and communication costs, on the other, pointing to more globalization. They are brought together to better understand the characteristics of the process of internationalization which is involving so many emerging countries. In particular, by considering the extent of regionalization in trade or the preferentiality of regional trade, as well as the structure of some existing trade agreements in terms of influence of individual countries on intra-regional trade flows, they address the following questions: is internationalization of emerging countries starting at a regional level and eventually evolving to make them global players? Is the growing export strength of many low- or mid-income and size economies due to their linkages to some increasingly important traders in the world market, or is it an autonomous development of their economies? The authors start from a particular specification of bilateral trade intensity indices which allows for measuring revealed trade preferences, overcoming several statistical shortcomings of traditional indicators. They then apply the tools of network analysis, in order to take into account whether local trade structures and preferential agreements affect the overall system of international trade. © 2013 Society for Policy Modeling
P. Lelio Iapadre; Lucia Tajoli. Emerging countries and trade regionalization. A network analysis. Journal of Policy Modeling 2014, 36, S89 -S110.
AMA StyleP. Lelio Iapadre, Lucia Tajoli. Emerging countries and trade regionalization. A network analysis. Journal of Policy Modeling. 2014; 36 ():S89-S110.
Chicago/Turabian StyleP. Lelio Iapadre; Lucia Tajoli. 2014. "Emerging countries and trade regionalization. A network analysis." Journal of Policy Modeling 36, no. : S89-S110.
This chapter focuses on “reshoring” strategies, conceptualized as the relocation of production earlier off-shored independently of its governance mode (out-sourcing vs. in-sourcing). More specifically, the authors investigate two different forms of this phenomenon: the repatriation of manufacturing activities in the firm's home market or in a country located at a shorter distance from the headquarters. They suggest that such phenomena may represent a significant “threat” or an “opportunity” for the economies of East Central Europe and Baltic Countries. Based on a wide-ranging literature review and findings derived from an extensive data collection, suggestions for policy makers and managers are provided.
Luciano Fratocchi; Lelio Iapadre; Alessandro Ancarani; Carmela Di Mauro; Andrea Zanoni; Paolo Barbieri. Manufacturing Reshoring. Geo-Regional Competitiveness in Central and Eastern Europe, the Baltic Countries, and Russia 2014, 83 -118.
AMA StyleLuciano Fratocchi, Lelio Iapadre, Alessandro Ancarani, Carmela Di Mauro, Andrea Zanoni, Paolo Barbieri. Manufacturing Reshoring. Geo-Regional Competitiveness in Central and Eastern Europe, the Baltic Countries, and Russia. 2014; ():83-118.
Chicago/Turabian StyleLuciano Fratocchi; Lelio Iapadre; Alessandro Ancarani; Carmela Di Mauro; Andrea Zanoni; Paolo Barbieri. 2014. "Manufacturing Reshoring." Geo-Regional Competitiveness in Central and Eastern Europe, the Baltic Countries, and Russia , no. : 83-118.
Despite the growing importance of international fragmentation of production, it is still difficult to accurately assess its real size and effect. Several different indicators were proposed over the last decade, but their capacity to provide precise and consistent results is often hindered by the lack of proper data. From an academic and a political standpoint, gaining quantitative knowledge on international vertical fragmentation in production and trade is a major challenge, thus calling for robust and accurate measurement tools. As a first step to face this challenge, this paper takes stock of indicators proposed in the literature, highlighting their advantages and drawbacks and stressing the data requirements.
Silvia Formentini; Pasquale Lelio Iapadre. Measuring international production fragmentation: where do we stand? International Journal of Technological Learning, Innovation and Development 2008, 1, 330 .
AMA StyleSilvia Formentini, Pasquale Lelio Iapadre. Measuring international production fragmentation: where do we stand? International Journal of Technological Learning, Innovation and Development. 2008; 1 (3):330.
Chicago/Turabian StyleSilvia Formentini; Pasquale Lelio Iapadre. 2008. "Measuring international production fragmentation: where do we stand?" International Journal of Technological Learning, Innovation and Development 1, no. 3: 330.
Statistical indicators used to analyze international specialization are manifold. However, most of them do not measure exactly the intensity of revealed comparative advantages and do not distinguish it from other aspects such as trade performance. This paper surveys the available indicators, discriminating between trade specialization and productive specialization (the gap between domestic supply and demand). It is asserted that in order to describe the international specialization pattern of a country, it is enough to consider the product distribution of the elementary trade balances, normalized with respect to trade (trade specialization) or to internal demand (production specialization). Indeed, while the individual, normalized trade balances are only performance indicators, deviations from their average correctly measure the intensity of specialization.
Pasquale Lelio Iapadre. Measuring international specialization. International Advances in Economic Research 2001, 7, 173 -183.
AMA StylePasquale Lelio Iapadre. Measuring international specialization. International Advances in Economic Research. 2001; 7 (2):173-183.
Chicago/Turabian StylePasquale Lelio Iapadre. 2001. "Measuring international specialization." International Advances in Economic Research 7, no. 2: 173-183.