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Staff Biography

[Photo: Anna VALERO] Ms Anna VALERO
ESRC Innovation Fellow - Growth
Tel:  020 7955 6975
Email: a.a.Sivropoulos-Valero@lse.ac.uk
Room/Desk: 32L 2.02 B  

Expertise: Productivity and innovation, firm organisation, labour economics


Anna is a Research Officer at the CEP, and an Economics PhD candidate at the London School of Economics. Her research is focused on the drivers of productivity and innovation, and in particular how management practices and workforce skills affect the productivity of firms and regions. Anna has been working on the UK productivity challenge, most recently, as a research director for the LSE Growth Commission. Previously, Anna was a manager at Deloitte’s Economic Consulting practice where she specialised in regulatory, competition and strategic economics.

Current Areas of Research:

Skill biased management, evidence from manufacturing firms: Management quality varies widely within countries, regions and industries. Using the World Management Survey on manufacturing plants, this research (with Andy Feng) explores variation in workforce skills as a driver of differences in management practices.

The economic impact of universities: How do universities affect the productivity of their surrounding regions and firms? One project (with John Van Reenen) looks at subnational data on universities around the world since the 1950s, finding that universities matter for regional economic growth. Another project focuses on the UK linking higher (and further education) colleges to firm outcomes.

UK Industrial Strategy (with Richard Davies, Sandra Bernick and Tim Besley). This project follows on from our Industrial Strategy chapter in the LSE Growth Commission's 2016 report. We seek to gain a better understanding of the UK's sectoral and regional industrial structure, the effectiveness of different types of policy lever, and priority areas for the government's new industrial strategy.


  • 2010-2011: MRes Economics, LSE, with Distinction
  • 2009-2010: MSc Economics, LSE, with Distinction
  • 2001-2002: MSc European Political Economy, LSE, with Merit
  • 2002-2005: ACA, ICAEW
  • 1998-2001: BSc Economics, University of Nottingham, First Class Honours


  • ESRC Scholarship, 2010-2014

Affiliations/Professional activities with other institutions:

  • Deloitte LLP - Manager, Economic Consulting, 2005-2010
  • Deloitte LLP - Assistant Manager, Audit, 2002-2005
  • ICAEW - Member as a Chartered Accountant

Selected Publications:

CEP Publications

CEP Special Report
Industry in Britain - An Atlas Sandra Bernick, Richard Davies and Anna Valero
September 2017
Paper No' CEPSP34:
Read Abstract | Full Paper (pdf)
| Maps (pdf)

JEL Classification: R12;O25;O52

Tags: productivity; business performance; regional disparities; uk economy; industrial strategy

CEP Discussion Paper
The Economic Impact of Universities: Evidence from Across the Globe Anna Valero and John Van Reenen
August 2016
Paper No' CEPDP1444:
Read Abstract | Full Paper (pdf)

JEL Classification: I23; I25; J24; O10; O31

Tags: universities; growth; human capital; innovation

CEP Election Analysis
#ElectionEconomics: The Research Evidence on Key Issues for Voters in the 2015 UK General Election Ghazala Azmat, Brian Bell, Jonathan Colmer, Antoine Dechezleprêtre, Swati Dhingra, Christian Hilber, Stephen Machin, Alan Manning, Ralf Martin, Alistair McGuire, Sandra McNally, Gianmarco Ottaviano, Henry Overman, Isabelle Roland, Thomas Sampson, Anna Valero, John Van Reenen, Jonathan Wadsworth, Gill Wyness and Gabriel Zucman
April 2015
Paper No' CEPEA034:
Read Abstract | Full Paper (pdf)
| Executive Summary (pdf)

Tags: 2015 uk general election; government policy; austerity; productivity; health; nhs; education; higher education; immigration; brexit; eu; inequality; real wages; unemployment; gender; management; productivity; uk housing; environment; climate change; uk cities; infrastructure; taxation