Labor productivity, Salerno at stake

Salerno it is among the Italian provinces with the lowest labor productivity – measured by comparing the added value (GDP net of direct taxes) to standard work units – in Italy. In the Salerno area, in fact, it is 164 euros per daywhile the Italian average is 210.6 euros. A result that places our province in 90th place in the national ranking. They are only positioned worse than Salerno in Campania Avellino (160.4 euros) e Benevento (146.7 euros). Campania is also fifth to last, with a daily average of 170.2 euros and a GDP per inhabitant per day of 63.4 euros, which puts it in third to last place nationally.

The data emerge from the report of the CGIA Research Office Mestre which highlights how Italy, in comparison with the other states of the European Union, has an important gap, especially compared to the countries of Northern Europe. And this is because the Belpaese no longer has very large companies and multinationals, but is characterized by a production system composed almost exclusively of micro and high-intensity work-intensive SMEs which, on average, registers not very high levels of productivity, provides lower wages than larger companies – thus influencing the extent of consumption – and has lower levels of investment in research/development than those of large production companies.

Furthermore, net of inflation, in the last 30 years the average wages of Italians have remained at a standstill, while in almost the entire European Union they have increased. Among the causes of the Italian result are the asphyxiated economic growth and a low level of labor productivity which has affected our country since 1990, especially in the services sector. One of the causes of this result is also to be found in the fact that, unlike our main European competitors, in the last thirty years the competitiveness of our country has suffered from the absence of large companies. The latter have almost disappeared, certainly not due to the excessive number of small production companies, but due to the inability of the large players, often of a public nature, to withstand the challenge triggered by the change caused by the fall of the Berlin and from “Tangentopoli”.

 
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