Report on Trends in the Italian Productive System

169 Pages Posted: 29 Sep 2009

See all articles by Guglielmo Barone

Guglielmo Barone

University of Bologna - Department of Economics

Antonio Bassanetti

Bank of Italy

Magda Bianco

Bank of Italy

Andrea Brandolini

Bank of Italy

Emanuele Breda

Bank of Italy

Matteo Bugamelli

Bank of Italy

Emanuela Ciapanna

Bank of Italy

Federico Cingano

Bank of Italy

Francesco D’Amuri

Bank of Italy

Leandro D'Aurizio

Bank of Italy

Virginia Di Nino

Bank of Italy

Stefano Federico

Bank of Italy

Andrea Generale

Bank of Italy

Federica Lagna

Bank of Italy

Francesca Lotti

Bank of Italy

Giuliana Palumbo

Bank of Italy

Enrico Sette

Bank of Italy

Bruna Szego

Bank of Italy

Alessandra Staderini

Bank of Italy

Roberto Torrini

Bank of Italy

Roberta Zizza

Bank of Italy

Francesco Zollino

Bank of Italy

Stefania Zotteri

Bank of Italy

Date Written: April 28, 2009

Abstract

In the last decade the Italian economy has underperformed compared both with the previous decades and with the main European countries. It is widely acknowledged that this evolution reflects unresolved structural problems, which have become more urgent in view of the major changes in the world economy (the new technological paradigm, globalization, European economic integration). The goal of the Report is to make a critical survey of all the empirical analyses on the Italian economy and to derive policy suggestions. The evolution of Italy's productive system is examined from a long-run perspective, highlighting weaknesses and possible signs of recovery and elaborating on the systemic features that may have negatively affected growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively microeconomic, emphasizes the considerable heterogeneity of firms, a crucial element for identifying the factors that affect economic growth.

Note: Downloadable document is in Italian.

Keywords: growth, productivity, market structure, firm heterogeneity

JEL Classification: D20, O52, P42

Suggested Citation

Barone, Guglielmo and Bassanetti, Antonio and Bianco, Magda and Brandolini, Andrea and Breda, Emanuele and Bugamelli, Matteo and Ciapanna, Emanuela and Cingano, Federico and D’Amuri, Francesco and D'Aurizio, Leandro and Di Nino, Virginia and Federico, Stefano and Generale, Andrea and Lagna, Federica and Lotti, Francesca and Palumbo, Giuliana and Sette, Enrico and Szego, Bruna and Staderini, Alessandra and Torrini, Roberto and Zizza, Roberta and Zollino, Francesco and Zotteri, Stefania, Report on Trends in the Italian Productive System (April 28, 2009). Bank of Italy Occasional Paper No. 45, Available at SSRN: https://ssrn.com/abstract=1479563 or http://dx.doi.org/10.2139/ssrn.1479563

Guglielmo Barone

University of Bologna - Department of Economics ( email )

Bologna
Italy

Antonio Bassanetti

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Magda Bianco

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Andrea Brandolini (Contact Author)

Bank of Italy ( email )

Via Nazionale 91
Roma, Rome 00184
Italy
+390647923568 (Phone)
+390647923720 (Fax)

Emanuele Breda

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Matteo Bugamelli

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Emanuela Ciapanna

Bank of Italy ( email )

Research Department
Via Nazionale 91
Roma, 00184
Italy
00390647922188 (Phone)

Federico Cingano

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Francesco D’Amuri

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Leandro D'Aurizio

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Virginia Di Nino

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Stefano Federico

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Andrea Generale

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Federica Lagna

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Francesca Lotti

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Giuliana Palumbo

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Enrico Sette

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Bruna Szego

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Alessandra Staderini

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Roberto Torrini

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Roberta Zizza

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Francesco Zollino

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Stefania Zotteri

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

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