2020•Unpublished venueRequires access

The labor productivity slowdown of the Italian economy

Massimiliano Mazzucato

Abstract

Sources of growth. Factors accumulation vs productivity. The general picture. Labor productivity slowdown by sector. Labor productivity slowdown in manufacturing. Labor productivity slowdown in services. Labor productivity slowdown in agriculture. A new economic landscape. How the manufacturing industry has changed. The smiling curve. World class manufacturing. Frictions with the new environment and other issues. Sources of misallocation. Other issues.

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Key concepts: Slowdown, Productivity, Economic slowdown, Economics, Labour economics, Agriculture, Agricultural productivity, Economy