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European Productivity, Innovation and Competitiveness: The Case of Italy

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  • Mr. Andrew J Tiffin

Abstract

In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy maintains a high-quality export mix, and the adaptability of small-scale specialized firms is still a source of strength. But, small firm size is becoming less of an asset, and even the most innovative sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future competitiveness will depend on full implementation of a comprehensive structural-reform agenda.

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  • Mr. Andrew J Tiffin, 2014. "European Productivity, Innovation and Competitiveness: The Case of Italy," IMF Working Papers 2014/079, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:2014/079
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    Cited by:

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    2. Child, John & Hsieh, Linda & Elbanna, Said & Karmowska, Joanna & Marinova, Svetla & Puthusserry, Pushyarag & Tsai, Terence & Narooz, Rose & Zhang, Yunlu, 2017. "SME international business models: The role of context and experience," Journal of World Business, Elsevier, vol. 52(5), pages 664-679.
    3. Dario Guarascio & Mario Pianta & Francesco Bogliacino, 2017. "Export, R&D and New Products: A Model and a Test on European Industries," Economic Complexity and Evolution, in: Andreas Pyka & Uwe Cantner (ed.), Foundations of Economic Change, pages 393-432, Springer.
    4. Alessandro Borin & Michele Mancini, 2016. "Foreign direct investment and firm performance: an empirical analysis of Italian firms," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(4), pages 705-732, November.
    5. Dario Guarascio & Mario Pianta & Matteo Lucchese & Francesco Bogliacino, 2015. "Business cycles, technology and exports," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(2), pages 167-200, August.
    6. Pellegrino, Bruno & Zingales, Luigi, 2017. "Diagnosing the Italian Disease," Working Papers 269, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    7. Qiang Li & Jason F. Kovacs & Geun Hee Choi, 2021. "High-technology employment growth in China: geographic disparities in economic structure and sectoral performance," Economic Change and Restructuring, Springer, vol. 54(4), pages 1025-1064, November.
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    9. Mirella Damiani & Fabrizio Pompei & Andrea Ricci, 2019. "The role of employee incentive pay in the competitiveness of family and non-family firms," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(3), pages 805-839, October.
    10. Emanuele Brancati & Raffaele Brancati & Dario Guarascio & Andrea Maresca & Manuel Romagnoli & Antonello Zanfei, 2018. "Firm-level Drivers of Export Performance and External Competitiveness in Italy," European Economy - Discussion Papers 087, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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    12. Valeria Cirillo & Dario Guarascio & Mario Pianta, 2014. "Will Europe?s industry survive the crisis? Competitiveness, employment and the need for an industrial policy," Working Papers 1408, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2014.
    13. Wagener, Hans-Jürgen & Eger, Thomas, 2014. "Interne vs. externe Abwertung: Außenwirtschaftliches Ungleichgewicht im Eurosystem," Beiträge zur Jahrestagung 2014 (Goettingen) 107398, Verein für Socialpolitik, Ausschuss für Wirtschaftssysteme und Institutionenökonomik.
    14. Enzo Rullani, 2014. "Conoscenza generativa e conoscenza codificata nelle filiere globali: una sfida per il made in Italy," ECONOMIA E SOCIET? REGIONALE, FrancoAngeli Editore, vol. 2014(2), pages 9-30.
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