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Accounting for UK economic performance 1973-2009

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Author Info

  • Ray Barrell

    ()

  • Dawn Holland

    ()

  • Iana Liadze

    ()

Abstract

Economic performance in the UK improved over 1997 and 2007 in comparison to other OECD countries. We employ growth accounting and cross–country regression analysis to identify factors behind this relative improvement in performance. Based on growth accounting analysis, we find out that, capital deepening and skills improvements, as well as financial services constitute a small part of the improvement in hourly productivity performance.

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Bibliographic Info

Paper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 359.

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Date of creation: Aug 2010
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Handle: RePEc:nsr:niesrd:359

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Cited by:
  1. Dan Corry & Anna Valero & John Van Reenen, 2011. "UK Economic Performance Since 1997: Growth, Productivity and Jobs," CEP Special Papers 24, Centre for Economic Performance, LSE.
  2. FitzGerald, John & Znuderl, Nusa & CASE (Poland) & CPB (Netherlands) & DIW Berlin (Germany) & ETLA (Finland) & The Kiel Institute for the World Economy (Germany) & NIESR (United Kingdom) & OFCE (Franc, 2013. "Economic Assessment of the Euro Area: Winter 2012/13 Report," Research Series, Economic and Social Research Institute (ESRI), number SUSTAT47.

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