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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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2018.
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Serier: | IMF Working Papers; Working Paper ;
No. 2018/033 |
Online adgang: | Full text available on IMF |