A tale of two cycles: closure, downsizing and productivity growth in UK manufacturing, 1973-89

@inproceedings{Oulton2000ATO,
  title={A tale of two cycles: closure, downsizing and productivity growth in UK manufacturing, 1973-89},
  author={Nicholas Oulton},
  year={2000}
}
This article uses the ARD, the new longitudinal database of the Census of Production, to analyse productivity at the establishment level in the two cycles of I973-9 and 1979-89. Contrary to a commonly held view, closures did not play a major role in accounting for productivity growth in 1979-89. Establishments which shut had lower productivity than survivors but the exits were replaced by entrants whose productivity was also lower. Hence most of productivity growth was due to growth within… CONTINUE READING

Citations

Publications citing this paper.
SHOWING 1-10 OF 19 CITATIONS

Prospects for UK growth in the aftermath of the financial crisis

Nicholas Oulton, Jagjit Chadha, +3 authors Stephen Wright
  • 2013
VIEW 7 EXCERPTS
CITES METHODS & BACKGROUND
HIGHLY INFLUENCED

Restructuring and Productivity Growth in UK Manufacturing

VIEW 5 EXCERPTS
CITES BACKGROUND & METHODS
HIGHLY INFLUENCED

The economic impact of telecommunications diffusion on UK productivity growth

  • Information Economics and Policy
  • 2003
VIEW 3 EXCERPTS
CITES BACKGROUND
HIGHLY INFLUENCED

References

Publications referenced by this paper.
SHOWING 1-10 OF 14 REFERENCES

Differences in companies’ performance: British industry’s under-performing tail

Industry Economics, Statistics Directorate
  • Department of Trade and Industry. London.
  • 1997

Entry, Exit, Ownership and the Growth of Productivity

M. Lansbury, D. G. Mayes
  • Sources of Productivity Growth, edited by D.G. Mayes. Cambridge: Cambridge University Press.
  • 1996
VIEW 1 EXCERPT