Total factor productivity growth in local economic partnership regions in Britain, 1997-2008

Harris, Richard and Moffat, John (2012) Total factor productivity growth in local economic partnership regions in Britain, 1997-2008. SERC Discussion Papers (SERCDP0112). The London School of Economics and Political Science ,SERC Discussion Paper, London, UK.

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Abstract

This paper decomposes aggregate TFP growth in Britain for 1997-2008 to show the contribution of different LEPs and the role played by manufacturing and services and UK- and foreign-owned plants within these LEPs. These contributions are further decomposed to show the role of productivity growth in continuing plants vis-à-vis reallocations in output shares. The results show that the largest LEPs, in population terms, with higher levels of job density, greater reliance on manufacturing and skilled worker occupations, higher proportions of workers with NVQ4+ qualifications, and lower turnover of businesses, achieved the highest TFP growth. This strong performance is mostly the result of reallocations of output shares towards high productivity continuing plants and the opening of high productivity plants.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://rlab.lse.ac.uk/_new/publications/abstract.a...
Additional Information:	© 2012 The Authors
Divisions:	Spatial Economics Research Centre
Subjects:	H Social Sciences > HB Economic Theory
Date Deposited:	27 Aug 2014 13:16
Last Modified:	13 Sep 2024 20:22
Funders:	Economic and Social Research Council, Department for Business, Innovation and Skills (BIS), Welsh Government
URI:	http://eprints.lse.ac.uk/id/eprint/59249

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