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Productivity Profile of Italy

 

Icon made by Freepik from www.flaticon.com Organisations

 

Ministry of Economy and Finance 

Bank of Italy

ISTAT

 

Icon made by Freepik from www.flaticon.com Selected Publications


International Productivity Monitor: Productivity and Reallocation: Evidence from the Universe of Italian Firms (2017);

Banca d'Italia: Ownership, governance, management and firm performance: evidence from Italian firms (2022), Firm characteristics and potential output: a growth accounting approach (2021), Frontier and superstar firms in Italy (2019), Allocative Efficiency and Finance (2019), Credit Supply and Productivity Growth (2018), Productivity Growth in Italy: A Tale of Slow-Motion Change (2018);

Journal of Economic Geography: Does Weak Contract Enforcement Affect Firm Size? Evidence from the Neighbour's Court (2017);

ECB Forum on Central Banking: Productivity and Business Dynamics through the lens of COVID-19: the shock, risks and opportunities (2021);

OECD: Closing the Italian digital gap: The role of skills, intangibles and policies (2022), Productivity and human capital: The Italian case (2021), Blockchain for SMEs and entrepreneurs in Italy (2020), The Effect of Public Sector Efficiency on Firm-Level Productivity Growth: The Italian Case (2019).

 

Icon made by Smashicons from www.flaticon.com Data

 

 ITA Productivity growth graph

 

Click here to access our Compare-Your-Country tool and explore productivity data from the GFP member countries.

 

 Latest OECD Recommendations

 

  • Reduce regulatory barriers to entering professional services, including replacing licensing systems with less distortionary certification schemes.

  • Introduce a national productivity board to identify and communicate the costs and benefits of reforms, and build a national consensus.

  • Ensure that the tax allowance for corporate equity is sufficiently predictable and generous to reduce the debt-equity bias.

  • Improve oversight and accountability of elected officials and magistrates to improve the quality of policies and build public trust.

  • Improve the effectiveness of public administration, including with regard to implementation, management, and prioritisation of public investments under the National Recovery and Resilience Programme.

  • Implement the recent competition law reform.

  • Open local public services to competition.

  • Strengthen apprenticeships, vocational education, training courses, and lifelong learning. Develop a national framework on lifelong learning to help local authorities to align courses and practices with best practices.

 

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