Essays on the dynamics of productivity at the firm level: the role of finance

Elena D'Alfonso
During the last ten years, Italian growth has lagged behind other European countries. This delay has been mainly attributed to a slowdown in Italian firms productivity. A large body of literature has deepened the role of finance, among other factors, in spurring economic growth. The present work investigates some of these processes, through three different frameworks. Chapter 1 is an application of the Rajan Zingales (1998) approach to the Italian case. In this application a...