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Sulla produttività in generale e sulla produttività in Italia

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  • Paolo Savona

Abstract

Slow or non-existent productivity growth is a central issue for both economists and policymakers. Public policies aimed at boosting productivity growth have produced scant results, and productivity growth has been highest where these policies were not implemented. The paper argues that the analysis of the low productivity growth conundrum follows inadequate paths because as yet unsolved theoretical and measurement issues are not given enough attention. A fuller account of these issues implies rejecting the widespread narrative that attributes to labour the main responsibility for low productivity growth, and rather points to other aspects of the working of the economy and of social behaviours.

Suggested Citation

  • Paolo Savona, 2018. "Sulla produttività in generale e sulla produttività in Italia," Moneta e Credito, Economia civile, vol. 71(281), pages 3-13.
    • Handle: RePEc:psl:moneta:2018:11
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    File URL: https://ojs.uniroma1.it/index.php/monetaecredito/article/view/14295/14008
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    More about this item

    Keywords

    Keywords: productivity; Italy; measurement; industry;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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