Griffith, Rachel; Harrison, Rupert; Haskel, Jonathan; … - Advanced Institute of Management Research <London> - 2003
The UK’s poor productivity performance relative to the US has been a focus for government policy and analysis in recent … Budgets and Pre-Budget Reports. Figure 1, where the UK business sector is scaled to 100, shows that US business sector labour … productivity (value-added per worker) was just over 40% higher than the UK level in 2001, about the same as it was at the beginning …