cross-country comparison

Publication date: 31 Oct 2018 | Publication type: National Institute Economic Review | Theme: Trade, Investment & Productivity | Authors: Mason, G, O'Mahony, M, Riley, R | JEL classification: D24, E01, I25, L11, L60, L80, M10, O30, O47 | Journal: National Institute Economic Review Issue 246 | Publisher: Sage Publications, London
UK labour productivity is significantly lower than that of many other similarly advanced economies and has been so for decades, with negative implications for UK living standards. To make matters worse, during the last ten years labour productivity growth has stalled in most industrialised...