Productivity trends in Europe

The study seeks to examine why it is that the economies and labour markets of four of Europe's major countries (the UK, France, Germany and Spain) appear to have responded rather differently to the financial crisis and recession. The study will focus in particular on recent productivity trends in the four countries.

Methods

Together with research teams in France, Spain and Germany we will examine recent trends in labour productivity in the four countries. We will establish why it is that country-level productivity and employment appears to have responded differently to the financial crisis and accompanying recession. The study will entail a review of existing work, plus new analyses of recent micro data sets for the four countries. The principal output of the project will be a volume written by the four research teams and a conference to disseminate the findings.

Partners

The research is being conducted in collaboration with research teams at CEPREMAP, the Paris School of Economics, CEE, the IAB and the Bank of Spain.

Timescale and funders

The research is funded by CEPREMAP and the Paris School of Economics. It began in December 2012 and will be completed in the Autumn of 2014. 

Output

The latest findings on the productivity puzzle across Europe, including NIESR's contribution, can be found here. Also see our discussion paper, "The UK's Productivity Puzzle".