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CentrePiece article

Poor productivity: an Italian perspective


Productivity growth has been slow in Western countries since the global financial crisis, but in Italy it has been stagnating for 25 years. Fadi Hassan and Gianmarco Ottaviano investigate inefficiency and misallocation in the Italian economy to draw broader lessons about what lies behind the ‘productivity puzzle'.


Sara Calligaris, Massimo Del Gatto, Fadi Hassan, Gianmarco Ottaviano and Fabiano Schivardi

1 March 2018     Paper Number CEPCP521

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This CentrePiece article is published under the centre's Trade programme.