versus private ownership and the quality of institutions as determinants of productivity. While earlier literature has … lower productivity than under private ownership, here we focus on the role of institutions as an external governance … than their private counterparts (a result robust to different productivity measures), but we also discover two new facts …

Italy’s overall GDP growth has been dismal in recent years and this poor performance has been compounded by a declining … trend in labour productivity and total factor productivity growth. This paper looks into growth accounting and structural … indicators and analyses Italy’s performance against other European countries. We look at the evidence provided by newly available …