Does Labour Productivity Flow Across Industries?: Estimation Robust to Panel Heterogeneity and Cross Sectional Correlation

Pub. Date
24 May, 2005
Pub. Type
Discussion Papers

External Authors

Byrne, Joseph

Vecchi, M

Related Themes

Productivity, Trade, and Regional Economies

JEL Code

C23, O12, O30, O40

Paper Category Number

256

We consider labour productivity convergence between the US and the UK and France, using industry level data. We find evidence of panel heterogeneity, cross sectional correlation and weak evidence of productivity convergence at the industry level.

Related Blog Posts

Blog

Exploring the Data on UK Productivity Performance

Issam Samiri

Stephen Millard

11 Dec 2023

4 min read

Blog

UK Investment Past and Prospects: A Framework for Analysis

Catherine Mann

01 Dec 2023

6 min read

Blog

How we Should Invest in Productivity

Paul Fisher

30 Nov 2023

7 min read

Blog

Where Are We With Regional Inequalities in the UK?

Adrian Pabst

Jagjit S. Chadha

01 Nov 2023

5 min read

1 2 3 4 5 6 7 8 … 16 17

Related Projects

project

Alternatives to Commercial Lending in the SME Business Market

project

Inclusive Productivity: The Macroeconomic Consequences of the UK’s Unequal Productivity Performance

project

Business Investment and Brexit

project

Public Investment and Supply

1 2 3 4

Related News

news

The Industrial Turn

31 Oct 2023

5 min read

news

Understanding the Causes of the UK’s Low Productivity

23 Sep 2021

5 min read

news

Press Release: Destitution levels are rising across the country – and terribly worrying in certain regions, NIESR research shows

22 Feb 2021

4 min read

Related Publications

publication

The Nature of the Inflationary Surprise in Europe and the USA

21 Mar 2024

Discussion Papers

publication

Weighing the Past, to Assess the Future

18 Mar 2024

Article/Book/Chapter/Manual

publication

Productivity and Investment: Time to Manage the Project of Renewal

12 Mar 2024

UK Productivity Commission

publication

Energy and Climate Policy in a DSGE Model of the United Kingdom

08 Mar 2024

Discussion Papers

1 2 3 4 5 6 7 8 … 203 204

Related events

Event Image

Investing for Growth: boosting productivity through higher public and private investment

The causes of, and solutions to, the woeful productivity performance of the UK economy since the Global Financial Crisis has been the subject of much analysis in the last 15...
Event time
11:00 to 13:00
calender icon
12 March, 2024
Event Image

The Outlook for the Welsh Economy

With rising wages helping to improve consumer confidence, will 2024 be a better year for the UK economy? As we enter an election year for the Westminster government, this event...
Event time
11:00 to 13:00
calender icon
20 February, 2024
Event Image

Prais Lecture with Chris Pissarides: The Future of Work and Wellbeing

Automation technologies are transforming work, society and the economy in the UK in ways comparable to the Industrial Revolution, with their adoption likely to significantly impact the future labour market....
Event time
18:30 to 20:00
calender icon
7 December, 2023
Event Image

A View and Prospects for British Investment

For our second Productivity Commission workshop exploring the theme of ‘investment’, Catherine Mann will be presenting a draft of her paper that explores some policy questions relating to UK investment....
Event time
11:00 to 13:00
calender icon
8 November, 2023
Event Image

How Can We Raise Investment?

This workshop, organised on behalf of the Productivity Commission, will explore the theme of ‘investment’. Paul Fisher, Chair of the London Bullion Market Association and formerly Deputy Head of the...
Event time
11:00 to 13:00
calender icon
11 October, 2023
Event Image

Productivity Commission Evidence Session: Examining the Role of International Investment

As a medium-sized open economy, the UK depends more on trade and international investment than a number of other OECD advanced economies.  This Productivity Commission evidence session examines the role...
Event time
14:00 to 16:00
calender icon
20 July, 2023
Event Image

High Dimensional Forecasting and its Pitfalls – M. Hashem Pesaran

Forecasting is central to macroeconomic policy making and risk management, and it is now routine to exploit data on a large number of variables to produce forecasts. In doing so,...
Event time
15:00 to 16:30
calender icon
21 June, 2023
Event Image

Finance and Growth Workshop

In December 2022 the Government announced a package of reforms aimed at driving growth and competitiveness in the financial services sector. Known as the ‘Edinburgh Reforms’, they comprise four main...
Event time
10:00 to 16:30
calender icon
7 June, 2023