Pietro Tommasino's Books

Does Public Sector Inefficiency Constrain Firm Productivity

Evidence from Italian Provinces

By: Raffaela Giordano,Mr.Sergi Lanau,Pietro Tommasino,Petia Topalova

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Does Public Sector Inefficiency Constrain Firm Productivity

Evidence from Italian Provinces

By: Raffaela Giordano,Mr.Sergi Lanau,Pietro Tommasino,Petia Topalova

This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms across Italy’s provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces and the intrinsic variation in the dependence of industries on the government, we find that public sector inefficiency significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency could yield large economic benefits: if the efficiency in all provinces reached the frontier, output per employee for the average firm would increase by 9 percent.

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International Monetary Fund

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ISBN 10

151354280X

ISBN 13

9781513542805

Public Expenditures on Social Programs and Household Consumption in China

By: Mr.David Coady,Giovanni Callegari,Ding Ding,Jaejoon Woo,Pietro Tommasino,Mr.Emanuele Baldacci,Mr.Manmohan S. Kumar

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Public Expenditures on Social Programs and Household Consumption in China

By: Mr.David Coady,Giovanni Callegari,Ding Ding,Jaejoon Woo,Pietro Tommasino,Mr.Emanuele Baldacci,Mr.Manmohan S. Kumar

This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and provides illustrative estimates of their implications for China. It then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a sustained 1 percent of GDP increase in public expenditures, distributed equally across education, health, and pensions, would result in a permanent increase the household consumption ratio of 11⁄4 percentage points of GDP.

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