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Labour productivity in UK manufacturing in the 1970s and in the 1980s

Oulton, Nicholas ORCID: 0000-0002-1595-7732 (1990) Labour productivity in UK manufacturing in the 1970s and in the 1980s. National Institute Economic Review, 132 (1). pp. 71-91. ISSN 0027-9501

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Identification Number: 10.1177/002795019013200107


What accounts for the productivity improvement experienced in manufacturing since 1979? Answers to this question are sought from a regression analysis of 93 manufacturing industries over the period 1971-86. The main findings are that when other influences, such as raw material prices and the shock of the 1980-1 recession, are eliminated, there has been an improvement in the 1980s in the growth rate of productivity whose impact effect averaged 4 per cent per annum. Between a quarter and a half of this is attributable to a decline in the disadvantages of unionisation.

Item Type: Article
Official URL:
Additional Information: © 1990 Cambridge University Press
Divisions: Centre for Macroeconomics
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HC Economic History and Conditions
Date Deposited: 10 Nov 2020 12:33
Last Modified: 16 May 2024 17:06

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