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'.

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1 March 2018     Paper Number CEPCP521

Download PDF - Poor productivity: an Italian perspective

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