decomposition

Publication date: 6 Feb 2019 | Publication type: National Institute Economic Review | Theme: Trade, Investment & Productivity | External authors: Harris, R, Moffat, J | JEL classification: D22, D24, L6 | Journal: National Institute Economic Review Issue 247 | Publisher: Sage Publications, London
This paper uses plant-level estimates of total factor productivity covering 40 years to examine what role, if any, productivity has played in the decline of output share and employment in British manufacturing. The results show that TFP growth in British manufacturing was negative between 1973 and...