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Tracing Productivity Growth Channels in the UK

Tracing Productivity Growth Channels in the UK PDF Author: Mr. Daniel Garcia-Macia
Publisher: International Monetary Fund
ISBN: 1616356243
Category : Business & Economics
Languages : en
Pages : 32

Book Description
What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by incumbent firms on their own products, whereas creation of new varieties by entrants took a leading role post-GFC. In the Covid recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms’ products) is expected to gain importance. This emphasizes the need for growth policies that facilitate labor and capital reallocation across firms, in addition to R&D support.

Tracing Productivity Growth Channels in the UK

Tracing Productivity Growth Channels in the UK PDF Author: Mr. Daniel Garcia-Macia
Publisher: International Monetary Fund
ISBN: 1616356243
Category : Business & Economics
Languages : en
Pages : 32

Book Description
What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by incumbent firms on their own products, whereas creation of new varieties by entrants took a leading role post-GFC. In the Covid recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms’ products) is expected to gain importance. This emphasizes the need for growth policies that facilitate labor and capital reallocation across firms, in addition to R&D support.

Identifying the Main Drivers of Productivity Growth A Literature Review

Identifying the Main Drivers of Productivity Growth A Literature Review PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264861556
Category :
Languages : en
Pages : 128

Book Description
This report represents the second outcome of the collaboration between the Asian Productivity Organization (APO) and the Organisation for Economic Co-operation and Development (OECD) to improve the measurement and analysis of productivity developments across APO and OECD member economies. The report discusses the potential impact of COVID-19 on productivity and examines the role of Multifactor Productivity (MFP) as a major driver of economic growth and changes in living standards.

Productivity, Innovation and Economic Performance

Productivity, Innovation and Economic Performance PDF Author: Ray Barrell
Publisher: Cambridge University Press
ISBN: 9780521780315
Category : Business & Economics
Languages : en
Pages : 316

Book Description
The book compares and explains differences in levels of incomes among industrialised countries.

Thirty Years of Economic Policy

Thirty Years of Economic Policy PDF Author: Charles Wyplosz
Publisher: Oxford University Press
ISBN: 0191075612
Category : Political Science
Languages : en
Pages : 765

Book Description
Over the last 30 years, Economic Policy has strived to produce policy relevant and rigorous analyses of the economic challenges of the time. A number of articles have been highly influential, shaping thinking among academic economists and policymakers. This volume brings together key historic articles that still resonate today. It provides academics with important research markers, and also provides students (and their teachers) with a 'reader' that demonstrates how the field of economics progresses by responding to challenges of the time. It will also inspire a new generation of students and academics with a recollection of how some of today's most influential economists made early contributions.

OECD Economic Surveys: United Kingdom 2015

OECD Economic Surveys: United Kingdom 2015 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264227253
Category :
Languages : en
Pages : 138

Book Description
This OECD Economic Survey of the United Kingdom examines recent economic developments, policies and prospects. Special chapters cover improving infrastructure and ensuring sustainable bank lending.

The ONS Productivity Handbook: A Statistical Overview and Guide

The ONS Productivity Handbook: A Statistical Overview and Guide PDF Author: NA NA
Publisher: Palgrave Macmillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 212

Book Description
ONS Productivity Handbook: a Statistical Overview and Guide examines the importance and relevance of economic productivity and serves as a reference on the subject. Areas covered include productivity analysis within various sectors and at firm level as well as measures of labour and capital inputs.

EBOOK: Economics, 12e

EBOOK: Economics, 12e PDF Author: David Begg
Publisher: McGraw Hill
ISBN: 152684740X
Category : Business & Economics
Languages : en
Pages : 715

Book Description
EBOOK: Economics, 12e

Black Popular Music in Britain Since 1945

Black Popular Music in Britain Since 1945 PDF Author: Jon Stratton
Publisher: Routledge
ISBN: 1317173880
Category : Music
Languages : en
Pages : 284

Book Description
Black Popular Music in Britain Since 1945 provides the first broad scholarly discussion of this music since 1990. The book critically examines key moments in the history of black British popular music from 1940s jazz to 1970s soul and reggae, 1990s Jungle and the sounds of Dubstep and Grime that have echoed through the 2000s. While the book offers a history it also discusses the ways black musics in Britain have intersected with the politics of race and class, multiculturalism, gender and sexuality, and debates about media and technology. Contributors examine the impact of the local, the ways that black music in Birmingham, Bristol, Liverpool, Manchester and London evolved differently and how black popular music in Britain has always developed in complex interaction with the dominant British popular music tradition. This tradition has its own histories located in folk music, music hall and a constant engagement, since the nineteenth century, with American popular music, itself a dynamic mixing of African-American, Latin American and other musics. The ideas that run through various chapters form connecting narratives that challenge dominant understandings of black popular music in Britain and will be essential reading for those interested in Popular Music Studies, Black British Studies and Cultural Studies.

The Changing Wealth of Nations 2021

The Changing Wealth of Nations 2021 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464815917
Category : Science
Languages : en
Pages : 531

Book Description
It is now clear that a narrow focus on the growth of gross domestic product (GDP) is insufficient to achieve humanity's aspirations for sustainable prosperity. Well-functioning ecosystems and educated populations are requisites for sustainable well-being. These and other too-often-neglected ingredients of national wealth must be addressed if the development path is to be sustainable. 'The Changing Wealth of Nations 2021: Managing Assets for the Future' provides the most comprehensive accounting of the wealth of nations, an in-depth analysis of the evolution of wealth, and pathways to build wealth for the future. This report--and the accompanying global database--firmly establishes comprehensive wealth as a measure of sustainability and a key component of country analytics. It expands the coverage of wealth accounts and improves our understanding of the quality of all assets, notably, natural capital. Wealth--the stock of produced, natural, and human capital--is measured as the sum of assets that yield a stream of benefits over time. Changes in the wealth of nations matter because they reflect the change in countries' assets that underpin future income. Countries regularly track GDP as an indicator of their economic progress, but not wealth, and national wealth has a more direct and long-term impact on people's lives. This report provides a new set of tools and analysis to help policy makers navigate risks and to guide collective action. Wealth accounts can be applied in macroeconomic analysis to areas of major policy concern such as climate change and natural resource management. This report can be used to look beyond GDP, to gauge nations' economic well-being, and to promote sustainable prosperity.

The OECD Jobs Strategy Technology, Productivity and Job Creation Best Policy Practices 1998 Edition

The OECD Jobs Strategy Technology, Productivity and Job Creation Best Policy Practices 1998 Edition PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264163417
Category :
Languages : en
Pages : 328

Book Description
This report points to a decline in public support for research and development (R&D), mainly affecting basic, long-term research, and examines the levelling-off in private sector R&D along with changes in its direction away from basic research towards more market-driven and short-term efforts.