Results

Blog

VoxEU:

The trade and welfare benefits of deep trade agreements

Deep trade agreements are widespread and have taken the world beyond tariff liberalisation in goods trade. As the importance of global supply chains and the services sector increased across the world, shallow tariff redu...Read more...

CEP discussion paper

Prime locations

We harness big data to detect prime locations - large clusters of knowledge-based tradable services - in 125 global cities and track changes in the within-city geography of prime service jobs over a century. Historically...Read more...

Journal article

American Economic Journal: Economic Policy:

From selling goods to selling services: Firm responses to trade liberalization

In this paper, we focus on a new channel of adaptation to trade liberalization , namely the shift toward increased provision of services in lieu of goods production. We exploit variation in European Union trade policy to...Read more...

Journal article

Journal of Public Economics:

Does competition from private surgical centres improve public hospitals’ performance? Evidence from the English National Health Service

This paper examines the impact of a government programme which facilitated the entry of for-profit surgical centres to compete against incumbent National Health Service hospitals in England. We examine the impact of comp...Read more...

Journal article

Journal of International Economics:

Immigration, trade and productivity in services: Evidence from U.K. firms

This paper explores the impact of immigrants on the imports, exports and productivity of service-producing firms in the U.K. Immigrants may substitute for imported intermediate inputs (offshore production) and they may i...Read more...

CEP discussion paper

The interconnections between services and goods trade at the firm-level

In this paper we study how international trade in goods and services interact at the firm level. Using a rich dataset on Belgian firms during the period 1995-2005, we show that: i) firms are much more likely to source se...Read more...

Blog

ESRC blog:

How English care homes have coped with the National Living Wage

Giulia Giupponi is an ESRC-funded PhD student at the London School of Economics and a research assistant at the Centre for Economic Performance. Stephen Machin is Professor of Economics at the London School of Economics ...Read more...

CentrePiece article

Immigration: the link to international trade in services

Two notable features of globalisation are the growth of immigration and the growth of international trade in services. Exploring links between these phenomena, Gianmarco Ottaviano, Giovanni Peri and Greg Wright find that...Read more...

CEP discussion paper

Immigration, trade and productivity in services: evidence from UK firms

This paper explores the impact of immigrants on the imports, exports and productivity of service-producing firms in the U.K. Immigrants may substitute for imported intermediate inputs (offshore production) and they may i...Read more...

Blog

LSE British Politics and Policy:

The NHS: Promises and productivity

In the general election debate about healthcare, all the parties are seeking to portray an NHS protected from major public sector expenditure cuts, with expansion in some areas. But according to Alistair McGuire and John...Read more...

CEP discussion paper

Integrated estimates of capital stocks and services for the United Kingdom: 1950-2013

This paper presents annual estimates of fixed capital stocks and capital services for the United Kingdom, 1950-2013, for the whole economy and for the market sector. Our estimates cover eight asset types (structures, mac...Read more...

CEP discussion paper

From Selling Goods to Selling Services: Firm Responses to Trade Liberalization

In the face of trade liberalization domestic firms are often forced out of the market, whereas others adapt and survive. In this paper we focus on a new channel of adaptation, namely the shift toward increased provision ...Read more...

CentrePiece article

Outsourcing and the shift from manufacturing to services

Giuseppe Berlingieri looks at the structural transformation of the US economy over the past 60 years....Read more...

Journal article

The Economic Journal:

Bankers and their bonuses

We analyse the role of financial sector workers in the huge rise of the share of earnings going to those at the very top of the pay distribution in the UK. Rising bankers' bonuses accounted for two-thirds of the increase...Read more...

Blog

LSE European Politics and Policy Blog:

No Triple Dip does not mean a good recovery for the UK

John Van Reenen reacts to the news this week that the UK has avoided economic contraction in the last quarter. Whilst Osborne may see this as cause to celebrate, there is nothing commendable about an economy that continu...Read more...

CEP discussion paper

Outsourcing and the Rise in Services

This paper investigates the impact of outsourcing on sectoral reallocation in the U.S. over the period 1948-2002. Roughly 40% of the growth of the service sector comes from professional and business services. This is an ...Read more...

CEP occasional paper

Bankers and their bonuses

The pay of financial sector workers (“bankers”) is a focus of public concern especially since the onset of the financial crisis. We document the remarkable rise in the share of aggregate pay going to those at the very to...Read more...

CEP occasional paper

Has the Growth of Real GDP in the UK been Overstated because of Mis-Measurement of Banking Output?

If official figures overstated the growth of banking output in the UK in the recent boom, does this mean that GDP growth was overstated too? The answer is no. It is truer to say that if banking output was overstated then...Read more...

CEP discussion paper

Service Trade and Occupational Tasks: An Empirical Investigation

Using micro data for Belgium we investigate the relationship between occupational tasks changes and the rise of service trade. We focus the analysis on the extensive margin and look at the heterogeneous proliferation of ...Read more...

Blog

LSE British Politics and Policy:

Academy schools under Labour combated disadvantage and increased pupil achievement: the coalition’s new policy may exacerbate existing inequalities

With the recent accusation that Michael Gove has been sending ‘mixed messages’ over academy schools, it is clear that the policy is still very controversial. Stephen Machin and James Vernoit take a step back and compar...Read more...

CEP discussion paper

A Map of Mental Health

This paper provides a comprehensive picture of mental health services in England, including staffing and expenditure, and the number of people in need and the number treated. Historically, this information has been split...Read more...

Blog

LSE British Politics and Policy:

LSE Centre for Economic Performance – A Note on Academy School Policy

The Academies programme3 was first introduced by the Labour government in September 2002, with the stated aim of improving the educational outcomes of some of the most disadvantaged pupils in English secondary schools. T...Read more...

CEP discussion paper

The long-term effect of digital innovation on bank performance: an empirical study of SWIFT adoption in financial services

We examine the impact on bank performance of the adoption of SWIFT, a network-based technological infrastructure for worldwide interbank telecommunication. We construct a new longitudinal dataset of 6,848 banks in 29 cou...Read more...

Blog

LSE British Politics and Policy:

LSE Centre for Economic Performance: Reducing Crime: More Police, More Prisons or More Pay?

Crime is usually high on the list of voter concerns. This might seem surprising since total crime has fallen significantly since the mid 1990s. Yet two thirds of the population still (wrongly) think that crime is rising ...Read more...

Blog

LSE British Politics and Policy:

Hospital competition is good for patients, and for efficiency

The coalition government has taken great pains to assure the public that the NHS budget will be ‘ring-fenced’, and thus not subject to the cuts of 20 to 40 per cent forecast for other Whitehall departments. At the same t...Read more...

CEE/Education and skills special paper

CEE Special Report: The Children's Workforce: A Data Scoping Study. A Report for the Department of Children, School and Family (DCSF)

There has been much policy interest on the theme of children's services in recent years. For example, the 1998 National Child Strategy explicitly aims to ensure good quality, affordable childcare for children aged 0 to 1...Read more...

Blog

LSE British Politics and Policy:

LSE Centre for Economic Performance – all election analyses are now available

The complete series of Election Analyses from the Centre for Economic Performance (CEP) is now available, summarising research evidence on some of the key policy battlegrounds of the 2010 UK General Election. The followi...Read more...

CEP report

Bankers' Pay and Extreme Wage Inequality in the UK

It is well known that the distribution of income in the United Kingdom has widened considerably in the last three decades. This rise has been a result of a widening at both the top and bottom of the wage distribution. Mo...Read more...

CEP discussion paper

Service Traders in the UK

We provide a novel set of stylized facts on firms engaging in international trade in services, using unique firm-level data on services exports and imports in the United Kingdom in 2000- 2005. Less than 10% of firms trad...Read more...

CEP discussion paper

Employment Outcomes in the Welfare State

We examine the implications of tax and subsidy policies for employment in the 'three worlds of welfare', Anglo-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of ...Read more...

CEP discussion paper

Productivity Growth, Knowledge Flows and Spillovers

This paper explores the role of knowledge flows and TFP growth by using direct survey data on knowledge flows linked to firm-level TFP growth data. Our knowledge flow data correspond to the kind of information flows ofte...Read more...

CEP discussion paper

Unions and Procedural Justice: An Alternative to the 'Common Rule'

Can unions substitute a procedural justice role for their traditional reliance on establishing a ¿common rule¿? The decline of ¿bureaucratic¿ models of employee management and the rise of performance pay and performance ...Read more...

CEP discussion paper

From Sectoral To Functional Urban Specialisation

We document and then develop a model explaining and relating changes in firms' organisation and in urban structure. Sharing of business services by headquarters and of sector-specific intermediates by production plants ...Read more...