Report on trends in the Italian productive system

Andrea Brandolini (andrea.brandolini@bancaditalia.it), Matteo Bugamelli, Guglielmo Barone (guglielmo.barone@gmail.com), Antonio Bassanetti (antnio.bassanetti@bancaditalia.it), Magda Bianco (magda.bianco@bancaditalia.it), Emanuele Breda (emanuele.breda@bancaditalia.it), Emanuela Ciapanna, Federico Cingano, Francesco D'Amuri, Leandro D'Aurizio (leandro.daurizio@bancaditalia.it), Virginia Di Nino, Stefano Federico, Andrea Generale (andrea.generale@bancaditalia.it), Federica Lagna (federica.lagna@bancaditalia.it), Francesca Lotti, Giuliana Palumbo (giuliana.palumbo@bancaditalia.it), Enrico Sette, Bruna Szego (bruna.szego@bancaditalia.it), Alessandra Staderini (alessandra.staderini@bancaditalia.it), Roberto Torrini, Roberta Zizza, Francesco Zollino (francesco.zollino@bancaditalia.it) and Stefania Zotteri (stefania.zotteri@bancaditalia.it)
Additional contact information
Antonio Bassanetti: Banca d'Italia
Magda Bianco: Banca d'Italia
Leandro D'Aurizio: Banca d'Italia
Andrea Generale: Banca d'Italia
Federica Lagna: Banca d'Italia
Bruna Szego: Banca d'Italia
Alessandra Staderini: Banca d'Italia
Francesco Zollino: Banca d'Italia
Stefania Zotteri: Banca d'Italia

No 45, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: In the last decade the Italian economy has underperformed compared both with the previous decades and with the main European countries. It is widely acknowledged that this evolution reflects unresolved structural problems, which have become more urgent in view of the major changes in the world economy (the new technological paradigm, globalization, European economic integration). The goal of the Report is to make a critical survey of all the empirical analyses on the Italian economy and to derive policy suggestions. The evolution of Italy's productive system is examined from a long-run perspective, highlighting weaknesses and possible signs of recovery and elaborating on the systemic features that may have negatively affected growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively microeconomic, emphasizes the considerable heterogeneity of firms, a crucial element for identifying the factors that affect economic growth.

Keywords: growth; productivity; market structure; firm heterogeneity (search for similar items in EconPapers)
JEL-codes: D20 O52 P42 (search for similar items in EconPapers)
Date: 2009-07
New Economics Papers: this item is included in nep-eec and nep-fdg
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Citations: View citations in EconPapers (17)

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