UK growth and productivity in an international perspective: evidence from EU Klems
O'Mahony, Mary ; Robinson, Catherine
National Institute Economic Review
2007
200
April
79-86
comparison ; competition ; economic growth ; employment ; information technology ; productivity ; statistics
France ; Germany ; United Kingdom ; USA
Production management
English
Bibliogr.
"The productivity performance of the UK relative to its major competitors has been a concern for much of the postwar period. There is a general perception that, in recent years, its position has improved, however, most work stops short of the period in question. Newly constructed data from the EU KLEMS productivity and growth accounts database provides an insight into UK productivity performance and that of its major competitors. This paper provides an overview of recent UK performance relative to France, Germany and the US and finds that the UK has seen a rise in output and employment growth since 1995. Growth has been particularly strong in ICT producing sectors and market service sectors. With this in mind, there are perhaps some grounds for optimism for the future of productivity growth in the UK."
Paper
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.