L’industria manifatturiera negli ultimi due decenni prima della crisi: le micro-dinamiche sottostanti ai trend aggregati
Giovanni Dosi (),
Marco Grazzi (),
Chiara Tomasi () and
ECONOMIA E POLITICA INDUSTRIALE, 2011, vol. 2011/1, issue 1, 63-95
Italy’s manufacturing performance in the last decade was the worst of all the other major OECD countries. The study investigates the micro-dynamics underlying the aggregate trend. While labor productivity in most manufacturing sectors has remained almost flat, distribution support has widened. Statistical evidence suggests that the different sources of firm heterogeneity (including, among others, productivity, export and innovation) tend to correlate, thus defining different "types" of firms within the same sector. In fact, we can observe a tendency towards a sort of "neo-dualism" in which a (very) small group of dynamic firms coexists alongside another, much bigger group of "laggard" firms, which are less productive and innovative and far more oriented to solely the domestic market. What is particularly intriguing is the inability of competitive pressures to weed out the lowest performing firms.
Keywords: Produttività; dinamiche industriali; selezione del mercato; commercio internazionale; euro shock; regressione quantilica (search for similar items in EconPapers)
JEL-codes: C14 D20 F10 L10 L16 L25 (search for similar items in EconPapers)
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