But as a new ESRC report confirms, there remains a significant productivity gap between the UK and our main comparators – France, Germany and the United States.
The report summarises the latest research findings on the nature and causes of the UK productivity gap and what policies might be effective in helping to close it:
The report details what we know about key drivers of productivity growth:
The role of competition
The role of capital investment
The role of skills
The role of innovation
Public sector productivity
The report also outlines key issues that we need to understand and where research efforts at our leading economic research institutions are now being directed:
Services
Management
The new economy
Outsourcing and technology transfer
For further information or a copy of the report, contact:
Romesh Vaitilingam on 0117-983-9770, 07768-661095 or email: romesh@compuserve.com
Or Lesley Lilley or Becky Gammon at ESRC on 01793 413119/413122 or Email: Lesley.lilley@esrc.ac.uk or becky.gammon@esrc.ac.uk