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Structural reforms are stressed in Europe 2020 as a tool for boosting economic growth and improving social cohesion. Yet tensions often arises between country specificities and goals, on one side, and pressures by partners and EU wide goals on the other side. The paper discusses the European...
Persistent link: https://www.econbiz.de/10011100400
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Profit share in Italy has been growing between the mid-1970s and the mid-1990s, remaining stable at historically high levels since than. After dropping in the first half of the 1070s, owing to an unprecedented rapid rise in wages, profit share started to recover. The rise during the 1980s...
Persistent link: https://www.econbiz.de/10009440382
We study the role of employment protection legislation (EPL) in determining firm size distribution. In many countries the provisions of EPL are more stringent for firms above certain size thresholds. We construct a simple model that shows that the smooth relation between size and growth...
Persistent link: https://www.econbiz.de/10009440564
The paper analyses the recent supply side developments in France, Germany, and Italy by employing a non-parametric approach to estimate potential GDP. The analysis reveals marked heterogeneity among the three countries with regard to the contribution made by labour input. Where similarities can...
Persistent link: https://www.econbiz.de/10010295797
We study the role of employment protection legislation (EPL) in explaining the relative small average size of Italian firms. We construct a simple model that shows that the smooth relation between size and growth probability is disturbed in proximity of the thresholds at which EPL applies...
Persistent link: https://www.econbiz.de/10009477543
The modernization of the solid waste management sector prompted by the Ronchi decree of 1997 has proceeded slowly and is far from being completed. Regional differentials in the effectiveness of local policies and in the efficiency of waste collection and disposal firms are still large. Southern...
Persistent link: https://www.econbiz.de/10005467332
Investment in public research in Italy is below the European average as a percentage of GDP. Nevertheless, in relation to expenditure and the number of researchers, the output is high, and the quality of research, conducted in universities and research organizations, is close to that of such...
Persistent link: https://www.econbiz.de/10011100379
Profit share in Italy has been growing between the mid-1970s and the mid-1990s, remaining stable at historically high levels since than. After dropping in the first half of the 1070s, owing to an unprecedented rapid rise in wages, profit share started to recover. The rise during the 1980s...
Persistent link: https://www.econbiz.de/10010745192