D'Arcangelo, Filippo Maria; Pavan, Giulia; Calligaris, Sara - 2022
provide evidence of the causal impact of this policy on firms' input choices and on total factor productivity on Italian … the productivity obtained from estimating the production function, does not provide valid inference. We rely instead on an … innovative structural approach. We find that the policy has a small negative effect on productivity that is heterogeneous across …
