Access the full text.
Sign up today, get DeepDyve free for 14 days.
F. Daveri
Innovazione cercasi. Il problema italiano
L. Tronti (2007)
The July Protocol and Economic Growth: The Chance Missed
G. Faustini (2006)
B. Contini, U. Trivellato (a cura di), Eppur si muove. Dinamiche e persistenze nel mercato del lavoro italiano
N. Acocella, Riccardo Leoni (2007)
Social Pacts, Employment and Growth. A reappraisal of Ezio Tarantelli’s thought, 116
Enrico Saltari (2006)
Le radici del declino economico. Occupazione e produttività in Italia nell'ultimo decennio
P. Casadio (2008)
RUOLO E PROSPETTIVE DELLA CONTRATTAZIONE AZIENDALE INTEGRATIVA: INFORMAZIONI DALL'INDAGINE DELLA BANCA D'ITALIA
G. Belforte (2007)
La forza delle idee
N. Acocella, R. Leoni (2010)
La riforma della contrattazione: redistribuzione perversa o produzione di reddito?
S. Rossi
Controtempo. L'Italia nella crisi mondiale
N. Kaldor (1957)
A Model of Economic GrowthThe Economic Journal, 67
O. Blanchard, F. Giavazzi (2000)
Macroeconomic Effects of Regulation and Deregulation in Goods and Labor MarketsMacroeconomics eJournal
N. Acocella, Riccardo Leoni (2007)
Social Pacts, Employment and Growth
T. Boeri, Riccardo Faini, A. Ichino, G. Pisauro, Carlo Scarpa (2005)
Oltre il declino
G. Watkins, A. Bowley, J. Stamp (1927)
The National Income, 1924. A Comparative Study of the Income of the United Kingdom in 1911 and 1924.Journal of the American Statistical Association, 22
P. Sylos Labini
Le forze dello sviluppo e del declino
B. Contini, U. Trivellato (2005)
Eppur si muove: dinamiche e persistenze nel mercato del lavoro italiano
P. Sylos Labini
Torniamo ai classici. Produttività del lavoro, progresso tecnico e sviluppo economico
Francesco Pastore (2010)
Assessing the Impact of Incomes Policy: The Italian ExperienceEconometrics: Applied Econometrics & Modeling eJournal
Istat
Tempi di lavoro e valorizzazione delle competenze
E. Tarantelli
La forza delle idee. Scritti di economia e politica
Istat
Trasformazioni strutturali dell'economia italiana e produttività del lavoro
G. Ciccarone, E. Saltari
Produttività e capitale innovativo
A. Accornero, E. Attolini, L. Bellardi, M. Biagi, C. Borgomeo, R. Brunetta, M. Carrieri, C. Dell'Aringa, G. Giugni
Il Protocollo del luglio 1993. Spunti per un dibattito
R. Skidelsky
The continuing relevance of Keynes
S. Johansen (1988)
STATISTICAL ANALYSIS OF COINTEGRATION VECTORSJournal of Economic Dynamics and Control, 12
F. Hayek (1942)
The Ricardo EffectEconomica, 9
Enrico Saltari, G. Travaglini (2009)
The Productivity Slowdown Puzzle. Technological and Non-technological Shocks in the Labor MarketInternational Economic Journal, 23
R. Griffith, Rupert Harrison (2004)
The link between product market reform and macro-economic performance
Purpose – The purpose of this paper is to assess the role of the Protocol '93 bargaining model in favouring the slow‐down of the Italian economy and to design a correction. Design/methodology/approach – The impact of the Protocol on factor income distribution is assessed through a deterministic dynamic model, and tested for the 1993‐2008 period. The paper explores theoretically and empirically the weakening of the incentives for both workers and employers to engage in fostering productivity. Findings – In a macroeconomic setting with structural imbalance between the product and the labour markets reforms, the bargaining model has automatically increased up to 2002 the capital share in income, reducing the incentives for both social partners to accelerate productivity, as the labour share in income and the propensity to invest are co‐integrated (Johansen test). An analytical solution for correcting the bargaining distributive bias is proposed. Research limitations/implications – Further research should provide a picture of the different distributive behaviours of industrial sectors, particularly for industries exposed to/protected from international competition. The actual functioning of the new bargaining model (the Accordo Quadro of 2009) should also be assessed. Practical implications – The bargaining model should be reformed so as to restore the right incentives for social partners. National industry‐wide wage bargaining should both incentivise and complement insufficient local bargaining. Social implications – The benefit of increased productivity and resumed growth has vast social implications, especially with reference to the sustainability of the welfare system. Originality/value – The scientific literature has lacked any formal description of the dynamic operation of the Italian bargaining model, which is particularly valuable to both social partners and policy makers.
International Journal of Manpower – Emerald Publishing
Published: Oct 19, 2010
Keywords: Collective bargaining; Incomes policy; Productivity rate; Economic change; Recession
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.