Italy: Selected Issues

July 7, 2015

Preview Citation

Format: Chicago

Italy: Selected Issues, (USA: International Monetary Fund, 2015) accessed December 22, 2024

Summary

This Selected Issues paper establishes a causal link between public sector efficiency at the provincial level and firm productivity using data for about 450,000 Italian firms. It emphasizes that significant productivity gains could be realized if public sector efficiency improves from currently low levels. If efficiency rises to the frontier in all provinces, output per employee would increase 9 percent for the average firm. Implementing the public administration reform agenda and recommendations of the 2014 spending review and competition authority could help deliver some of these productivity gains.

Subject: Corporate sector, Distressed assets, Economic sectors, Financial institutions, Financial sector policy and analysis, Financial statements, Nonperforming loans, Productivity, Public financial management (PFM), Public sector

Keywords: Balance sheet strength, Class size dummy, Corporate sector, CR, Distressed assets, Financial statements, Firm, Firm level, Firm productivity, Global, ISCR, Micro firm, Nonperforming loans, Public sector

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/167
Stock No:

1ITAEA2015002
ISBN:

9781513559681
ISSN:

1934-7685

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