Rebooting Veneto’s competitiveness through productivity growth

Oecd

No 2026/10, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing

Abstract: Veneto is one of Europe’s manufacturing powerhouses, generating 9.5% of Italy’s GDP. While labour productivity growth has been slower than in peer regions since 2005, the region has maintained international competitiveness, supported by contained labour costs and high employment rates. The analysis highlights opportunities to raise productivity by further developing high value added activities, including by strengthening links between manufacturing and services and by expanding private business investment. There is scope for improving skills matching, notably in STEM fields, leveraging the strong enrolment of local students in those subjects. Veneto’s labour market is also gradually adapting to the green transition, with around 30% of recent job postings involving green tasks

Keywords: drivers of productivity; international comparison; labour market policies; manufacturing servitisation; skills; SMEs; subnational productivity (search for similar items in EconPapers)
JEL-codes: D24 J21 J24 L11 O3 O47 R11 (search for similar items in EconPapers)
Date: 2026-06-25
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2026/10-en

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