학술논문
Productivity and employment dynamics: new evidence from Italian regions
Document Type
Original Paper
Author
Source
Economia Politica: Journal of Analytical and Institutional Economics. 35(2):313-336
Subject
Language
English
ISSN
1120-2890
1973-820X
1973-820X
Abstract
When productivity growth accelerates job destruction and job creation occur simultaneously. However, what effect this has on the whole economy depends on whether job creation or destruction dominates. We investigate what occurred in Italy from 1977–2003, a time when some labour market reforms were introduced, creating increased flexibility. We also investigate if there were any systematic regional differences in the employment or productivity dynamics and whether these dynamics experienced any sort of spatial externalities. The findings indicate that overall, the effect of job destruction prevailed and that the labour market reforms had a negative impact on employment.