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freshbusinessthinking.com:
UK productivity still lagging behind G7

18 February 2016

The UK is still some way off solving the productivity puzzle after final estimates for 2014 from the Office for National Statistics (ONS) showed that productivity was 18 percentage points lower than the average for the rest of the G7. The figures showed that the UK's productivity gap - the difference between in output per worker between two countries - is roughly 14%, twice that of other nations in the G7. Last year, the Centre for Economic Performance said UK workers could have Fridays off if they worked as productively as other G7 countries.

This article was published online by freshbusinessthinking.com on February 18, 2016
Link to article here

Related publications
Investing for Prosperity: Skills, Infrastructure and Innovation, Report of the LSE Growth Commission, January 2013

Related links
Philippe Aghion webpage
John Van Reenen webpage
Growth Programme webpage
Management Practices and Organisational Structures Research webpage

Read more... freshbusinessthinking.com