Does Public Sector Inefficiency Constrain Firm Productivity : Evidence from Italian Provinces /

This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces and the intrinsic variation in the dependence of in...

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Bibliografske podrobnosti
Glavni avtor: Giordano, Raffaela
Drugi avtorji: Lanau, Sergi, Tommasino, Pietro, Topalova, Petia
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2015.
Serija:IMF Working Papers; Working Paper ; No. 2015/168
Online dostop:Full text available on IMF
Opis
Izvleček:This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces and the intrinsic variation in the dependence of industries on the government, we find that public sector inefficiency significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency could yield large economic benefits: if the efficiency in all provinces reached the frontier, output per employee for the average firm would increase by 9 percent.
Opis knjige/članka:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fizični opis:1 online resource (26 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students