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Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 2019
Article by Thomas Sampson: Why will Brexit cause problems at the border? Let’s start with the basics. The central issue is that currently, goods move freely between the UK and other EU countries. That&rs... Read more...
13 November 2017
The South-East is not the country’s productivity engine, rather a band stretching west from the capital towards Bristol is, according to a new LSE report which challenges prevailing wisdom on the uneven ... Read more...
21 September 2017
These two narratives needn’t be completely at odds. As I concluded in a piece last year on the debate over too much versus too little competition: There’s a pessimistic synthesis between the com... Read more...
25 July 2017
Among the matters at stake in those talks, which began in Brussels last Monday, is whether London can maintain its status as a global hub for finance after Brexit or be forced to watch as business flows to the... Read more...
25 June 2017
“There will be a lot of political pressure to get as much of the finance industry moved to the EU as possible,” said Tom Kirchmaier, a fellow in the financial-markets group at the London School of ... Read more...
23 June 2017
Breaking down the cloud of uncertainty brought about by Brexit into manageable bite-sized pieces was the objective of panelists at this afternoon’s London Wine Fair industry briefing. A panel of industry... Read more...
22 May 2017
Swati Dhingra, an economics lecturer at the London School of Economics, estimated in a study prior to last year’s referendum that Brexit could reduce total U.K. car production by as much as 12 percent. ... Read more...
08 March 2017
Thomas Sampson, Professor at the London School of Economics, warns that in addition to tariffs, British producers may suffer the impact of foreign barriers. "They would have to reorganize all of their sup... Read more...
26 January 2017
Thomas Sampson, a professor at the London School of Economics, said British carmakers could suffer further disruption beyond tariffs. "Inside the customs union cross-border supply networks can flourish, b... Read more...
Last week Prime Minister Theresa May confirmed Brexit would see Britain leave the European single market, creating a stumbling block for the car industry which relies on trading vehicles and loose parts withou... Read more...
Thomas Sampson, a professor at the London School of Economics, said British car makers could suffer further disruption beyond tariffs. “Inside the customs union cross-border supply networks can flourish,... Read more...
In fact the industry 4.0 represents a great opportunity for our manufacturing and for once never catches us completely off-guard. According to a recent study carried out by economists George Graetz and Guy Mic... Read more...
02 December 2016
Article by Ghazala Azmat and Rosa Ferrer Gender gaps in earnings exist in high-skill industries despite male and female workers having similar educational backgrounds. This column uses evidence from the legal industry t... Read more...
12 July 2016
The economic impacts of Britain leaving the EU With the referendum fast approaching, Thomas Sampson analyses the economic consequences should Britain vote to leave the European Union. Proponents of Brexit, as leaving ... Read more...
21 June 2016
... Do we need a different way to spur innovation and disseminate new technologies quickly around the world? Are patents, which reward inventors by providing them with a government-guaranteed monopoly over their inventio... Read more...
12 April 2016
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
21 March 2016
In the period 1993-2007, manufacturing employment in this country fell by around 55%, while the use of robots rose by around 80%. By contrast, Germany’s deployment of robots rose by around 165% and its m... Read more...
15 February 2016
Vehicle production "Made in Britain" has reached peaks in 2016, but the uncertainties on the future of the industry with the release of the European Union and the common market. Thomas Sampson, Profe... Read more...
26 January 2016
The CBI estimates that leaving the EU would, ''conservatively'' have a significant net negative impact on the UK economy of £78bn annually, or about 4-5 percent of GDP. However, others have made more dire predictio... Read more...
21 January 2016
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... Read more...
15 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
14 December 2015
Now, robots in the past have never been job-killers. First investigations of scientists Georg Graetz and Guy Michaels on the effects of robots show an increase in labour productivity, added value and wages, but also a re... Read more...
01 December 2015
In order of importance, it can be compared with the steam machine's breakthrough in the beginnings of industrialisation, according to Department of Economics Researcher George Graetz at Uppsala University. This article ... Read more...
16 November 2015
Professor Alan Manning of the London School of Economics has studied unemployment in former industrial areas and says every city needs the equivalent of an export sector - something to bring money from outside the area,... Read more...
04 October 2015
An increase in market concentration in the mobile communications industry generates a true economic trade-off. This is the important finding of a new, original report. The CERRE report is co-authored by Tommaso Valletti... Read more...
15 September 2015
Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of... Read more...
05 August 2015
In a March 2015 paper, Robots at Work, Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics concentrate on the economic effects of industrial robots. They base their research on data coll... Read more...
31 July 2015
A paper by Uppsala University and the London School of Economics in February revealed that industrial robots do increase labor productivity and raise a country's average growth rate by 0.37 percentage points. The ar... Read more...
23 June 2015
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
The cost of subsidising the construction of more renewable energy won't deter industry from investing in Europe, according to a new study by the London School of Economics. ''Contrary to some claims, rises in energy pr... Read more...
02 March 2015
Researchers says even a 10-fold rise in EU carbon price would lead to a less than 0.5 per cent drop in exports A large rise in energy prices would barely affect exports from European industry and the balance of trade, a... Read more...
The United Kingdom has discovered that its Information Economy industries could be 42 per cent larger than current estimates, with at least 70,000 extra ICT-producing companies recently captured in a recent data find ope... Read more...
28 November 2014
Article by Iain M. Cockburn, Jean O. Lanjouw and Mark Schankerman Patented pharmaceuticals diffuse across international borders slowly, and sometimes not at all. This column analyses the effect of patent protection and ... Read more...
26 November 2014
22 November 2014
Is there a future for industry in Europe and North America? Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a number of myths about the ... Read more...
20 October 2014