Italy Selected Issues

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...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Italy  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2015 
300 |a 74 pages 
651 4 |a Italy 
653 |a Finance, Public 
653 |a Public Administration 
653 |a Public-Private Enterprises 
653 |a Banks 
653 |a Finance 
653 |a Banks and banking 
653 |a Industries: Financial Services 
653 |a Financial sector policy and analysis 
653 |a Financial statements 
653 |a Mortgages 
653 |a Business enterprises 
653 |a Macroeconomics: Production 
653 |a Accounting 
653 |a Public Sector Accounting and Audits 
653 |a Civil service & public sector 
653 |a Macroeconomics 
653 |a Public financial management (PFM) 
653 |a Financial reporting, financial statements 
653 |a Depository Institutions 
653 |a Distressed assets 
653 |a Productivity 
653 |a Public Enterprises 
653 |a Public sector 
653 |a Financial institutions 
653 |a General Financial Markets: Government Policy and Regulation 
653 |a Micro Finance Institutions 
653 |a Ownership & organization of enterprises 
653 |a Corporate Finance and Governance: General 
653 |a Nonperforming loans 
653 |a Economic sectors 
653 |a Corporate sector 
653 |a Loans 
653 |a Finance, Public; Accounting 
653 |a Finance: General 
653 |a Production and Operations Management 
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989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
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520 |a 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