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UK Growth and Productivity in an International Perspective: Evidence From EU Klems

Author

Listed:
  • Mary O'Mahony

    (University of Birmingham and National Institute of Economic and Social Research)

  • Catherine Robinson

    (National Institute of Economic and Social Research, k.robinson@niesr.ac.uk)

Abstract

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.

Suggested Citation

  • Mary O'Mahony & Catherine Robinson, 2007. "UK Growth and Productivity in an International Perspective: Evidence From EU Klems," National Institute Economic Review, National Institute of Economic and Social Research, vol. 200(1), pages 79-86, April.
    • Handle: RePEc:sae:niesru:v:200:y:2007:i:1:p:79-86
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    Cited by:

    1. Liao, Hailin & Wang, Bin & Li, Baibing & Weyman-Jones, Tom, 2016. "ICT as a general-purpose technology: The productivity of ICT in the United States revisited," Information Economics and Policy, Elsevier, vol. 36(C), pages 10-25.

    More about this item

    Keywords

    Productivity; industry growth: international comparisons JEL classifications: D24; F43; J24; 047; 057;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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