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Report on trends in the Italian productive system

Contents:

Author Info

  • Andrea Brandolini

    ()
    (Banca d'Italia)

  • Matteo Bugamelli

    ()
    (Banca d'Italia)

  • Guglielmo Barone

    ()
    (Banca d'Italia)

  • Antonio Bassanetti

    ()
    (Banca d'Italia)

  • Magda Bianco

    ()
    (Banca d'Italia)

  • Emanuele Breda

    ()
    (Banca d'Italia)

  • Emanuela Ciapanna

    ()
    (Banca d'Italia)

  • Federico Cingano

    ()
    (Banca d'Italia)

  • Francesco D’Amuri

    ()
    (Banca d'Italia)

  • Leandro D’Aurizio

    ()
    (Banca d'Italia)

  • Virginia Di Nino

    ()
    (Banca d'Italia)

  • Stefano Federico

    ()
    (Banca d'Italia)

  • Andrea Generale

    ()
    (Banca d'Italia)

  • Federica Lagna

    ()
    (Banca d'Italia)

  • Francesca Lotti

    ()
    (Banca d'Italia)

  • Giuliana Palumbo

    ()
    (Banca d'Italia)

  • Enrico Sette

    ()
    (Banca d'Italia)

  • Bruna Szego

    ()
    (Banca d'Italia)

  • Alessandra Staderini

    ()
    (Banca d'Italia)

  • Roberto Torrini

    ()
    (Banca d'Italia)

  • Roberta Zizza

    ()
    (Banca d'Italia)

  • Francesco Zollino

    ()
    (Banca d'Italia)

  • Stefania Zotteri

    ()
    (Banca d'Italia)

Abstract

In the last decade the Italian economy has underperformed compared both with the previous decades and with the main European countries. It is widely acknowledged that this evolution reflects unresolved structural problems, which have become more urgent in view of the major changes in the world economy (the new technological paradigm, globalization, European economic integration). The goal of the Report is to make a critical survey of all the empirical analyses on the Italian economy and to derive policy suggestions. The evolution of Italy’s productive system is examined from a long-run perspective, highlighting weaknesses and possible signs of recovery and elaborating on the systemic features that may have negatively affected growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively microeconomic, emphasizes the considerable heterogeneity of firms, a crucial element for identifying the factors that affect economic growth.

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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 45.

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Date of creation: Apr 2009
Date of revision:
Handle: RePEc:bdi:opques:qef_45_09

Contact details of provider:
Postal: Via Nazionale, 91 - 00184 Roma
Web page: http://www.bancaditalia.it
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Related research

Keywords: growth; productivity; market structure; firm heterogeneity;

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Cited by:
  1. Mirella Damiani & Andrea Ricci, 2011. "Decentralised bargaining and performance related pay: new evidence from a panel of Italian firms," Quaderni del Dipartimento di Economia, Finanza e Statistica 97/2011, Università di Perugia, Dipartimento Economia, Finanza e Statistica.

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