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Discussion Paper Details

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Title: Long Run and Short Run Dynamics in Italian Manufacturing Labour Productivity

Author(s): Tatiana Cesaroni and Carmine Pappalardo

Publication Date: April 2008

Keyword(s):

Programme Area(s): International Macroeconomics

Abstract: This paper examines structural changes in the Italian manufacturing sector, focusing labour productivity in recent decades. To this end it distinguishes between trend movements in the data using a multivariate unobserved components model. Changes relative importance of cyclical and trend components in labour productivity allow discrimination among the impacts of the factors affecting the performance of the manufacturing sector during the 1980s, 1990s and in the more recent period.

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Bibliographic Reference

Cesaroni, T and Pappalardo, C. 2008. 'Long Run and Short Run Dynamics in Italian Manufacturing Labour Productivity'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6795