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Productivity Perspectives
Productivity Perspectives offers a timely and stimulating social science view on the productivity debate, drawing on the work of the ESRC funded Productivity Insights Network. The book examines the drivers and inhibitors of UK productivity growth in the light of international evidence, and the resulting dramatic slowdown and flatlining of productivity growth in the UK. The reasons for this so-called productivity puzzle are not well understood, and this book advances explanations and insights on these issues from different disciplinary and methodological perspectives. It will be of value to all those interested in, and engaging with, the challenge of slowing productivity growth.
More Information
Critical Acclaim
Contributors
Contents
More Information
Productivity Perspectives offers a timely and stimulating social science view on the productivity debate, drawing on the work of the ESRC funded Productivity Insights Network. The book examines the drivers and inhibitors of UK productivity growth in the light of international evidence, and the resulting dramatic slowdown and flatlining of productivity growth in the UK. The reasons for this so-called productivity puzzle are not well understood, and this book advances explanations and insights on these issues from different disciplinary and methodological perspectives. It will be of value to all those interested in, and engaging with, the challenge of slowing productivity growth.
This book will be essential and insightful reading for academics across the social sciences, business leaders and policy makers working on the productivity puzzle. Written in an accessible manner, it will also be of interest to a wide audience in government, the private sector and civil society.
This book will be essential and insightful reading for academics across the social sciences, business leaders and policy makers working on the productivity puzzle. Written in an accessible manner, it will also be of interest to a wide audience in government, the private sector and civil society.
Critical Acclaim
‘As an insight into current debates on this topic the book is invaluable, and hard to do justice to in this review. This is an important set of papers and a testament to the range and depth of the work of the Productivity Insights Network. Putting together some of the wide-ranging chapters raises interesting questions (better return on HS2 or on more R&D support outside the “golden triangle”?). It contains many strands and details which policymakers need to be aware of, should explore further, but most importantly should act on.’
– Dame Kate Barker, The Society of Professional Economists
‘Productivity, what determines it and how to boost it, is one of the great challenges in contemporary economics. This book offers us a hike along the frontiers of current thinking on the productivity puzzle, guided by a team of leading researchers.’
– Murray Sherwin, New Zealand Productivity Commission, New Zealand
‘This book rightly identifies low productivity growth as the central policy challenge of this time and brings a truly broad and diverse set of perspectives to bear on this issue, leading to many fresh insights.’
– Robert Inklaar, University of Groningen, the Netherlands
– Dame Kate Barker, The Society of Professional Economists
‘Productivity, what determines it and how to boost it, is one of the great challenges in contemporary economics. This book offers us a hike along the frontiers of current thinking on the productivity puzzle, guided by a team of leading researchers.’
– Murray Sherwin, New Zealand Productivity Commission, New Zealand
‘This book rightly identifies low productivity growth as the central policy challenge of this time and brings a truly broad and diverse set of perspectives to bear on this issue, leading to many fresh insights.’
– Robert Inklaar, University of Groningen, the Netherlands
Contributors
Contributors: M. Abreu, J. Cook, I. Docherty, G. Dymski, B. Gardiner, D. Hardy, R. Harris, A. Henley, R. Huggins, H. Izushi, R. Lewney, K. Lisenkova, C. Mason, P. McCann, L. McSorley, J. Nelles, K. Newsome, V. Sena, I. Sprackling, T. Vorley, D. Waite
Contents
Contents:
1 Introduction to Productivity Perspectives 1
Philip McCann and Tim Vorley
2 Productivity perspectives: observations from the UK and the
international arena 18
Philip McCann
3 Measuring productivity 48
Vania Sena
4 FDI, capital and investment markets 78
Richard Harris
5 Innovation and productivity: a multi-perspective assessment 103
Robert Huggins and Hiro Izushi
6 Small business growth and productivity 129
Andrew Henley
7 Productivity and the UK’s deficiency in scale-ups 147
Colin Mason
8 Human capital, skills and productivity 174
Maria Abreu
9 Demographic ageing and productivity 190
Katerina Lisenkova
10 Inequality, well-being and (inclusive) productivity growth 206
Leaza McSorley
11 Contemporary work and employment and the productivity
puzzle 224
Kirsty Newsome and Tim Vorley
12 Regional and city productivity debates: insights from work
undertaken by Cambridge Econometrics 243
Ben Gardiner and Richard Lewney
13 Infrastructure and productivity 255
Iain Docherty and David Waite
14 From silos to systems: insights and implications for
productivity policy 274
Tim Vorley and Jen Nelles
15 Productivity policy review 293
Jonathan Cook, Dan Hardy and Imogen Sprackling
16 The UK productivity paradox and the governance of UK
science and technology policy: lessons from California? 324
Gary Dymski
Index 363
1 Introduction to Productivity Perspectives 1
Philip McCann and Tim Vorley
2 Productivity perspectives: observations from the UK and the
international arena 18
Philip McCann
3 Measuring productivity 48
Vania Sena
4 FDI, capital and investment markets 78
Richard Harris
5 Innovation and productivity: a multi-perspective assessment 103
Robert Huggins and Hiro Izushi
6 Small business growth and productivity 129
Andrew Henley
7 Productivity and the UK’s deficiency in scale-ups 147
Colin Mason
8 Human capital, skills and productivity 174
Maria Abreu
9 Demographic ageing and productivity 190
Katerina Lisenkova
10 Inequality, well-being and (inclusive) productivity growth 206
Leaza McSorley
11 Contemporary work and employment and the productivity
puzzle 224
Kirsty Newsome and Tim Vorley
12 Regional and city productivity debates: insights from work
undertaken by Cambridge Econometrics 243
Ben Gardiner and Richard Lewney
13 Infrastructure and productivity 255
Iain Docherty and David Waite
14 From silos to systems: insights and implications for
productivity policy 274
Tim Vorley and Jen Nelles
15 Productivity policy review 293
Jonathan Cook, Dan Hardy and Imogen Sprackling
16 The UK productivity paradox and the governance of UK
science and technology policy: lessons from California? 324
Gary Dymski
Index 363
