The productivity slowdown puzzle of European countries: a focus on Italy

Germana Giombini, Francesco Perugini and Giuseppe Travaglini

No 1606, Working Papers from University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini

Abstract: With the end of the twentieth century and the beginning of the new millennium in many European countries, and especially those of the Southern Europe, a structural change in the way the economy grows took place. In this essay we use the growth accounting methodology to measure the contribution of different factors to economic growth in some European countries and in the U.S. and to isolate the determinants of the European slowdown during the Great Recession. The focus on Italy suggests that the slowdown of the Italian economy is structural and affects both the non-ICT and ICT sectors. Length: 24 pages

Keywords: Institutions, Labour market Policies; Productivity; Competitiveness; Growth Accounting (search for similar items in EconPapers)
JEL-codes: E24 E32 J60 O30 (search for similar items in EconPapers)
Date: 2016, Revised 2016
New Economics Papers: this item is included in nep-eec, nep-eff, nep-mac and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_16_06.pdf First version, 2016 (application/pdf)

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Journal Article: The productivity slowdown puzzle of European countries: a focus on Italy (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:urb:wpaper:16_06

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