The paper refers to the construction of some Indexes of Competitiveness and their application to the empirical analysis of the behaviour of Italian manufacturing industry in recent years. The idea is that an essential role in competitiveness is played by the specific characteristics of the goods and services concerned. With particular reference to competition between a mature economy (like Italy) and an emergent one (e.g. like China), attention is specifically directed to the behaviour of goods’ demand and supply according to their characteristics. Then, an extended Leontief Input-Output model is pursued including the impact of goods’ characteristics. At the empirical level, the role of goods’ characteristics is analysed as to the behaviour of competitiveness of Italian manufacturing products in the period from 2000 to 2008.
Keywords: Manufacturing Sector, Competitiveness, Input-Output Model, Goods’ Characteristics, Research & Development, Product Attractiveness, Product Innovativeness
Jel Code: C67, R11