Assistant Professor Fadi Hassan publishes article on Voxeu.org
Assistant Professor Fadi Hassan has published an article on Voxeu.org entitled 'Productivity in Italy: The great unlearning.'
The long-lasting stagnation in Italy has often been explained by the country's loss of competitiveness, but focus on total factor productivity has been scarce. This column discusses the effect of capital and labour misallocation on the productivity slowdown. Such misallocation could not result from labour rigidity, but could be due to limited ICT investment and penetration. Rigid non-meritocratic management practices can greatly affect ICT exploitation, and subsequently – overall productivity growth.