The ongoing digital transformation holds the promise of improving productivity performance by enabling innovation and reducing the costs of a range of business processes, yet today there is again a paradox of rapid technological change and slow productivity growth. On 8-9 November 2018 this conference explored the policy implications.
Italian, PDF, 1,273kb
Considerato che solo una minima parte delle nuove imprese riesce a svilupparsi, i decisori pubblici si trovano di fronte a un'alternativa: concentrarsi sulle imprese che presentano un alto potenziale di innovazione, o favorire la sperimentazione e semplificare sia l'ingresso che l'uscita delle imprese dal mercato. Lo "Startup Act" combina i due approcci con un mix eclettico di strumenti di policy.
English, PDF, 1,365kb
As only a tiny proportion of new firms eventually grow, policy makers face two alternatives: target specific firms predicted to be highly innovative in the future, or foster experimentation among firms and streamline both entry and exit. The Italian "Start-Up Act" combines these two approaches with an eclectic mix of policy tools.
Presentations and main topics discussed at the 85th Session of the Steel Committee held in Paris, 17 - 18 September 2018.
This report assesses the extent and possible implications of the presence of state enterprises in the steel industry. It examines their financial performance, showing a weaker performance among state enterprises compared to their private counterparts, and discusses possible implications in the context of industry restructuring.
English, PDF, 1,921kb
After briefly looking at economic and regulatory developments that might have an impact on shipbuilding, this report attempts to shed light on shipbuilding demand by looking at recent trends in contracts and the orderbook as well as prices. It also elaborates on shipbuilding supply by detailing market shares among countries and companies.
This working paper uses “centrality” metrics to reflect the changing structure of global value chains. It contrasts central hubs and peripheral countries and sectors, and examines how these changes impact firm productivity.
This study proposes a taxonomy of sectors according to the extent to which they have gone digital. The taxonomy accounts for some of the key facets of the digital transformation, and recognises that sectors differ in their development and adoption of the most advanced “digital” technologies, in the human capital needed to embed them in production and in the extent to which digital tools are used to deal with clients and suppliers.
While the size-wage and size-productivity premia are significantly weaker in market services compared to manufacturing, the link between wages and productivity is stronger. The combination of these results suggests that in a service economy the “size-wage premium” becomes more a “productivity-wage premium”.
This analysis examines dynamics of estimated firm mark-ups across 26 countries over 14 years. Price mark-ups are linked to measures of digital intensity of sectors in order to ascertain whether differences in exposure to digitalisation are related to differences in mark-ups across industries, and how this relationship has changed over time.