• Corpus ID: 154620367

Is the British economy supply constrained II? A renewed critique of productivity pessimism

@inproceedings{Martin2012IsTB,
  title={Is the British economy supply constrained II? A renewed critique of productivity pessimism},
  author={Bill Martin and Robert Eric Rowthorn},
  year={2012}
}
A Response to Bill Martin and Robert Rowthorn
This note responds to a critique of our recent paper, “Can Intangible Investment Explain the UK Productivity Puzzle?”. In that critique Martin and Rowthorn (MR) present a re-working of data on labour
Allowing for unemployment in productivity measurement
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A complementary index which adjusts labour productivity for levels of unemployment—the social labour productivity index (SLPI)—is proposed and it is recommended that the Labour productivity index itself should be standardised.
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There is renewed interest in levelling up the regions of the UK. The combination of social and political discontent, and the sluggishness of key UK macroeconomic indicators like productivity growth,
Supply-Side Stagnation Theories
In contrast to the previous chapter, this chapter focuses on theories of supply-side stagnation. It includes the hypotheses of Adam Smith, Thomas R. Malthus, John S. Mill, David Ricardo, and Karl
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We revisit UK’s poor productivity performance since the Great Recession by means of both a suitable theoretical framework and firm-level prices and quantities data for detailed products allowing us
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