Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over … Italy’s economy. With output back to its end-2001 level, Italy’s output losses associated with the crisis have been, thus … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …

of standard Real Business Cycle models, a positive shock to the underlying rate of total factor productivity growth …

large extent, by total factor productivity (TFP) and, to a lower extent, by physical and human capital accumulation. A …; implementing structural reforms necessary to improve productivity and efficiency of investment; attaining fiscal consolidation; and …

components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to …

lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both … investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher … productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance …

Italy's labor productivity in market services has declined since 2000, underperforming manufacturing and peer European …

This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms … across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces … significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency …

examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme …The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper … borrowers in distress, and find that a negative shock to bank credit supply reduces firms' loan growth, investment, capital …

Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis … productivity slowdown over the past two decades in four closely integrated European countries, Austria, Denmark, Germany and the … Netherlands, based on firm-level data. Participation in global value chains appears to have affected productivity positively …