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services in output and its integration in the world economy. Productivity growth in the United Kingdom has consistently … financial crisis. Sluggish productivity growth in the service sectors was the main factor behind this weak performance. Raising … productivity will help to sustain employment and wages but will require a broad range of policies. Keeping low barriers to trade …
Persistent link: https://www.econbiz.de/10012420919
This paper examines the link between barriers to trade and investment and productivity performance, in the United … a robust determinant of productivity in the long term. Control variables such as spending on R&D and human capital also … range of productivity measures as well as to changes in the sectoral coverage and the set of controls. …
Persistent link: https://www.econbiz.de/10012420942
Multifactor productivity (MFP) is increasingly used in economic policy, not least to compute potential output. Most …-products of the production process such as air pollution that could have deleterious effect on health and productivity in the …
Persistent link: https://www.econbiz.de/10011627947
Services play a more important role in trade and employment in the United Kingdom than in most other OECD countries. The UK services sector is supported by an open and transparent trade regime, policies that support competition and innovation, and regulatory transparency that facilitates the...
Persistent link: https://www.econbiz.de/10012801197
about 6.1% of UK exports and 7.8% of UK imports in the medium term compared to a situation where the United Kingdom would …
Persistent link: https://www.econbiz.de/10012420943