This paper deals with the issue of the weak growth in Italian labor productivity with particular reference to the period between 2000 and 2016. In analyzing the data relat-ing to labor productivity, the influence of capital productivity and multifactor produc-tivity were also considered. The analysis shows how the weak growth in labor produc-tivity is due to some peculiar structural aspects of the Italian production system. At the end of the paper some comments are offered on possible policy interventions.
The labor productivity slowdown: the true issue of the Italian Economy / P. Parravicini, A. Graffi. - In: AMERICAN JOURNAL OF INDUSTRIAL AND BUSINESS MANAGEMENT. - ISSN 2164-5175. - 9:1(2019 Feb), pp. 253-266. [10.4236/ajibm.2019.91016]
The labor productivity slowdown: the true issue of the Italian Economy
P. Parravicini
Primo
Supervision
;A. Graffi
Secondo
Membro del Collaboration Group
2019
Abstract
This paper deals with the issue of the weak growth in Italian labor productivity with particular reference to the period between 2000 and 2016. In analyzing the data relat-ing to labor productivity, the influence of capital productivity and multifactor produc-tivity were also considered. The analysis shows how the weak growth in labor produc-tivity is due to some peculiar structural aspects of the Italian production system. At the end of the paper some comments are offered on possible policy interventions.
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