Provincial Board for Productivity and Competitiveness

The productivity and competitiveness of a region are key indicators of its long-term prosperity. Local productivity is strongly and positively correlated with both economic and non-economic indicators of well-being for workers, businesses, and society as a whole. Higher regional productivity is associated with increased real wages for workers, greater disposable income for households, and reduced income inequality among households. Additionally, high regional productivity can enhance the resilience of local economies to economic shocks and disturbances, such as recessions or sector-specific downturns. Regional productivity is also linked to the overall well-being of residents, including labour participation rates, educational attainment, environmental quality, and life expectancy.

The Autonomous Province of Trento has established a Provincial Board for Productivity and Competitiveness with the following tasks:

a) carry out analyses on the productivity of the provincial economic system;

b) propose public policies based on these analyses;

c) facilitate public discussions among stakeholders

d) produce an annual report on the productivity and competitiveness of the Trentino economy.

On behalf of the Autonomous Province of Trento, the OECD Trento Office for Local Development coordinates the activities of the scientific partners and the consultation of local stakeholders for the entire duration of the project. Coordination has a three-year horizon, with the goal of producing an analytical report that focuses on specific issues each year. The reports will be based on the analysis and research of the scientific partners, as well as contributions from local stakeholders.

FBK-IRVAPP is part of this scientific committee, supporting the other institutions of the province’s research system (OECD, Bank of Italy, ISPAT, University of Trento) in the production of studies and analyses.