Accounting for UK economic performance 1973-2009
AbstractEconomic 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 InfoPaper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 359.
Date of creation: Aug 2010
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