Productivity and Reallocation: Evidence from the Universe of Italian Firms

This article investigates the contribution of allocative efficiency to aggregate labour productivity growth in Italy between 2005 and 2013. Exploiting a unique dataset that covers the universe of firms, we find that allocative efficiency increased during the period of observation. We show that the d...

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Bibliographic Details
Main Authors: Andrea Linarello, Andrea Petrella
Format: Article
Language:English
Published: Centre for the Study of Living Standards 2017-04-01
Series:International Productivity Monitor
Subjects:
Online Access:http://www.csls.ca/ipm/32/Linarello_Petrella.pdf