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Does Public Sector Inefficiency Constrain Firm Productivity
Raffaela Giordano
Mr.Sergi Lanau
Pietro Tommasino
Petia Topalova
其他書名
Evidence from Italian Provinces
出版
International Monetary Fund
, 2015-07-21
主題
Business & Economics / Economics / Macroeconomics
Business & Economics / Production & Operations Management
Business & Economics / Public Finance
ISBN
151354280X
9781513542805
URL
http://books.google.com.hk/books?id=MJN3CgAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
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.