Corporate Indebtedness and Low Productivity Growth of Italian Firms /

Productivity growth in Italy has been persistently anemic and has lagged that of the euro area over the period 1999-2015, while the indebtedness of its corporate sector has increased. Using the ORBIS firm-level database, this paper studies the long-term impact of persistent corporate-debt accumulati...

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Autor principal: Anderson, Gareth
Altres autors: Raissi, Mehdi
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2018.
Col·lecció:IMF Working Papers; Working Paper ; No. 2018/033
Accés en línia:Full text available on IMF