Gianmarco Ottaviano

Poor productivity: An Italian perspective

Productivity growth has been slow in Western countries since the global financial crisis, but in Italy it has been stagnating for 25 years. Fadi Hassan and Gianmarco Ottaviano investigate inefficiency and misallocation in the Italian economy to draw broader lessons about what lies behind the ‘productivity puzzle’.

Productivity has recently slowed down in many economies around the world. In the […]

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    The ‘Britain Alone’ scenario: how Economists for Brexit defy the laws of gravity

The ‘Britain Alone’ scenario: how Economists for Brexit defy the laws of gravity

There is a degree of consensus among economists that a Brexit will make us worse off. The exception is recent work by Economists for Brexit. Their forecast of income gains from Brexit contrasts with all other economic analysis, explain Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen.

The possibility of the UK leaving the European Union (EU) has […]

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    We have been overlooking the relationship between immigration and international trade in services

We have been overlooking the relationship between immigration and international trade in services

The volume of international trade in services has grown rapidly over recent decades and, in fact, has outpaced growth in goods trade. Over the same period many developed countries experienced rapid growth in immigration. Gianmarco Ottaviano, Giovanni Peri and Greg Wright argue that while many studies have analysed the link between immigrants and trade in goods, the link between […]

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    Should the UK stay or go? The economic consequences of Britain leaving the EU

Should the UK stay or go? The economic consequences of Britain leaving the EU

How would a British exit from the EU affect the UK’s economy? Swati Dhingra, Gianmarco Ottaviano and Thomas Sampson outline the economic consequences of a Brexit, writing that reduced integration with EU countries is likely to cost the UK economy far more than is gained from lower contributions to the EU budget.

The direction of UK trade policy with its biggest trade […]

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    Leaving the European Union would likely have a significant negative impact on the UK’s economy

Leaving the European Union would likely have a significant negative impact on the UK’s economy

How would leaving the EU affect the UK’s economy? Gianmarco Ottaviano, João Paulo Pessoa, Thomas Sampson and John Van Reenen outline findings from a new report on the economic consequences of a ‘Brexit’. They indicate that if the UK left the European Union there would likely be a significant negative impact on the economy, with the most important cost emerging […]

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