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Broadcasting Productivity Growth in the UK

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Abstract

In this study, we use enterprise-level data to calculate estimates of labour productivity growth in the UK broadcasting sector between 1999 and 2004 and TFP growth between 1998 and 2004. We present estimates using both gross output and gross value added. We also present TFP estimates separately for the TV and radio sectors and broken down by employment class size and also the decomposition of TFP into technical change and efficiency catch-up. All our estimates suggest that the broadcasting sector has experienced positive productivity growth over recent years. Productivity growth is found across the size distribution of firms. Technical change appears to have contributed most to productivity growth, although we also observe positive growth in efficiency catch-up. The finding of positive productivity growth over the period appears generally to be robust to alternative estimation procedures, to alternative price deflators (although this has an impact on the magnitude of the estimates) and to separate estimation of the TV and Radio sectors.

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  • David Paton & Leighton Vaughan Williams, 2007. "Broadcasting Productivity Growth in the UK," Occasional Papers 20, Industrial Economics Division.
  • Handle: RePEc:nub:occpap:20
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    1. ten Raa, Thijs & Wolff, Edward N., 2000. "Engines of growth in the US economy," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 473-489, December.
    2. Almas Heshmati, 2003. "Productivity Growth, Efficiency and Outsourcing in Manufacturing and Service Industries," Journal of Economic Surveys, Wiley Blackwell, vol. 17(1), pages 79-112, February.
    3. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
    4. Lichtenberg, Frank R & Siegel, Donald, 1991. "The Impact of R&D Investment on Productivity--New Evidence Using Linked R&D-LRD Data," Economic Inquiry, Western Economic Association International, vol. 29(2), pages 203-229, April.
    5. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
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    More about this item

    Keywords

    broadcasting; efficiency; productivity growth;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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