IDEAS home Printed from https://ideas.repec.org/a/mul/j0hje1/doi10.1430-30002y2009i3p413-436.html
   My bibliography  Save this article

A Sectoral Analysis of Total Factor Productivity in Italy

Author

Listed:
  • Francesco Aiello
  • Valeria Pupo
  • Fernanda Ricotta

Abstract

This paper uses microdata in order to investigate the productivity slowdown observed in Italy since the early 1990s. The key question is aimed at understanding whether this productivity slowdown, which occurred in the Italian economy, can be ascribed to the dynamics in specific sectors. After having derived a very strong correlation between labour productivity and total factor productivity (TFP), the paper yields another two important results. The first of these regards the differences in TFP across sectors and the dependence of aggregate TFP on the estimates obtained for a restricted number of sectors. In particular, the productivity slow-down of the Italian economy up to 2002-2003 was due to what happened in the paper and in the chemical sectors. The second result refers to the dynamics of firms' market share. When TFP slowed down (1996-2003), this impact was very large, whereas it was negligible when the economy started to grow again. This phase of growth was characterised by a generalised increase of TFP in each and every firm.

Suggested Citation

  • Francesco Aiello & Valeria Pupo & Fernanda Ricotta, 2009. "A Sectoral Analysis of Total Factor Productivity in Italy," L'industria, Società editrice il Mulino, issue 3, pages 413-436.
    • Handle: RePEc:mul:j0hje1:doi:10.1430/30002:y:2009:i:3:p:413-436
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.1430/30002
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.rivisteweb.it/doi/10.1430/30002
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mul:j0hje1:doi:10.1430/30002:y:2009:i:3:p:413-436. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.