What explains the longstanding productivity gaps with the UK’s core comparator countries? 

Background

Sustainable economic growth is at the heart of everything HM Treasury is working to achieve. The Growth section includes key questions that are expected to support the government in taking action to fix the foundations of the economy, rebuild Britain and make every part of the country better off.

Next steps

Get in touch with HMTResearch@hmtreasury.gov.uk

Source

This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

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Related UKRI funded projects


  • Queen's University Belfast - NISRA BDR Programme (Propelling Growth in Northern Ireland: Measuring and Explaining Business Productivity)

    Our research will contribute to this existing literature by providing a more detailed picture of Northern Irish productivity. We identifying where opportunities exist for policy to raise productivity and efficiency acros...

    Funded by: ESRC

    Why might this be relevant?

    The project specifically focuses on explaining productivity gaps in Northern Ireland, which aligns with the question about productivity gaps in the UK's core comparator countries.

  • Productivity Insights Network

    UK national productivity challenges can be analysed from many different perspectives, including firm-specific, industry-specific, organisational-specific, institution-specific or technology-specific perspectives. In the ...

    Funded by: ESRC

    Why might this be relevant?

    The project addresses the UK's productivity challenges from a regional perspective, which is relevant to understanding the productivity gaps with core comparator countries.

  • Firm Dynamics, Market Power and Productivity Puzzles

    Nobel laureate Paul Krugman famously remarked that 'productivity isn't everything, but in the long run it is almost everything'. He is referring to the idea that productivity dictates society's ability to produce more ou...

    Funded by: ESRC

    Why might this be relevant?

    While the project focuses on market power and productivity in the UK, it does not directly address the productivity gaps with the UK's core comparator countries.

  • The Productivity Institute

    Summary continued: The Productivity Institute will be led by the University of Manchester (UoM), whose Alliance Manchester Business School will act as its headquarters. The Productivity Institute will include eight par...

    Funded by: SPF

  • From productivity to prosperity: Inclusive growth for the West Midlands

    We will bring together academics working across disciplines to focus on the cross-cutting themes of skills, management, investment, regional supply chains, innovation and enterprise, to address the main issues around pro...

    Funded by: ESRC

  • CENTRE FOR ECONOMIC PERFORMANCE 2015-2020

    Three core questions bind this proposal together: how to foster growth; how to share growth and how to sustain growth 1 HOW CAN WE FOSTER GROWTH? We plan to develop a new Growth Programme focussing on bolstering innova...

    Funded by: ESRC

  • Productivity and the allocation of capital following the great recession

    Labour productivity fell sharply at the start of the 2008 financial crisis. Output produced per worker remains around 14 percentage points below the pre-crisis trend. The scale of the productivity fall and the continued ...

    Funded by: ESRC