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Technology, Productivity and Public Policy

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  • Rachel Griffith

Abstract

The poor productivity performance of the UK and the EU when compared with the US has been a major driver of policy reforms over the past decade. This paper considers what the evidence suggests about why we have lagged behind the US, considering among other factors the importance of globalisation and outsourcing, the role for public policy intervention and what the key drivers of growth are likely to be for the future. Copyright 2007 Institute for Fiscal Studies.

Suggested Citation

  • Rachel Griffith, 2007. "Technology, Productivity and Public Policy," Fiscal Studies, Institute for Fiscal Studies, vol. 28(3), pages 273-291, September.
  • Handle: RePEc:ifs:fistud:v:28:y:2007:i:3:p:273-291
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    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1475-5890.2007.00057.x
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    Cited by:

    1. Adelheid Holl & Rafael Pardo & Ruth Rama, 2013. "Spatial patterns of adoption of just-in-time manufacturing," Papers in Regional Science, Wiley Blackwell, vol. 92(1), pages 51-67, March.
    2. Boon Lee, 2011. "Distribution Trade Sector Output and Productivity Performance: A Case Study of Singapore and Hong Kong 2001-2008," School of Economics and Finance Discussion Papers and Working Papers Series 270, School of Economics and Finance, Queensland University of Technology.

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