Italy’S Decline: Getting The Facts Right: Comment
AbstractBuilding on my discussion of the paper by Daveri - Jona-Lasinio (2005) on Italy’s economic decline, I first enlarge the perspective of their key findings by considering developments in the US and the European economy. Moreover, I take a different perspective that hinges on the literature on productivity and business cycle, providing theoretical and empirical arguments that lend support to alternative views. This pertains especially to the role of reallocation effects in aggregate productivity and the link between market liberalization and productivity dynamics.
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Bibliographic InfoArticle provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.
Volume (Year): 67 (2008)
Issue (Month): 1 (March)
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Web page: http://www.gde.unibocconi.it/
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
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- Sterlacchini, Alessandro & Venturini, Francesco, 2011. "R&D and productivity in high-tech manufacturing: a comparison between Italy and Spain," MPRA Paper 30048, University Library of Munich, Germany.
- Francesco Carlucci, 2011. "Un'analisi quantitativa delle politiche di rientro dal disavanzo pubblico in Italia," Moneta e Credito, Economia civile, vol. 64(254), pages 135-175.
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