"Over the last decades, China’s massive entry into the international market has come at the expense of a large number of countries, and somehow as a surprise, also at the expense of more developed ones. Italy – whose structural composition of exports is based on so-called low tech, “traditional” goods – seems to be one of the developed countries most at risk.Exactamente o que o aumento dos preços médios do sector do calçado nos diz.
This paper, using a gravity approach, shows that in OECD and in the middle up income countries, markets that account currently for over 85% of Italian exports, there is a significant competitive effect of Chinese exports on Italian exports. This effect seems to be concentrated (at least for the moment and despite the increasing sophistication of Chinese exports) on low tech, traditional products. This paper also shows that higher value added products – especially in traditional sectors and in more advanced markets – are more resilient to the Chinese pressure. Hence, the shifting of the Italian specialization within sectors rather than between sectors seems to have somehow protected Italian goods from a tougher competition from Chinese products, still lagging behind in terms of quality. A likely implication is, therefore, that qualitative upgrading of Italian exports can offset at least part of the competitive pressure coming from China."
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Exactamente o que o aumento em mais 40% do preço das T-shirts made in Portugal nos últimos anos nos diz.
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Subir na escala de valor!!!
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Trecho retirado de "The “China effect” on Italian Exports"
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