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 …

The level and growth rates of Total Factor Productivity estimates have been extensively used as a means of assessing …

symmetrical, as the neoclassical theory treated them. Related to this is Pasinetti's dismissal of the distinction neoclassical …