Crisi economica, flessibilità del lavoro e produttività

Journal title PRISMA Economia - Società - Lavoro
Author/s Giuseppe Travaglini
Publishing Year 2014 Issue 2014/1
Language Italian Pages 34 P. 11-24 File size 1128 KB
DOI 10.3280/PRI2014-001003
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In this paper we argue that the deceleration of labour productivity is at the root of the slowdown of the Italian economic growth over the last twenty years. Using a simple model of growth accounting, we show that this poor performance can only be accounted for by a combination of two main changes: an adverse technological change to the labour demand (TFP slowdown) and a positive institutional change to the labour supply (higher flexibility). Basically, the Italian productivity slowdown and the deterioration of its international competitiveness open new questions on the feared decline of the Italian economy.

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Giuseppe Travaglini, Crisi economica, flessibilità del lavoro e produttività in "PRISMA Economia - Società - Lavoro" 1/2014, pp 11-24, DOI: 10.3280/PRI2014-001003