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Can dodgy data explain the UK’s productivity problem?

Hancké, Bob (2020) Can dodgy data explain the UK’s productivity problem? LSE European Politics and Policy (EUROPP) blog (14 Jul 2020). Blog Entry.

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Abstract

An article in The Economist recently suggested that the UK’s ‘productivity problem’ may be a product of the Office for National Statistics failing to estimate prices in the telecommunications industry accurately. Bob Hancké writes that this is unlikely to explain why UK productivity appears to lag behind countries like France and Germany. If the UK has failed to measure productivity correctly in the telecommunications sector, it is probable that everyone has made a similar mistake given all national statistics offices rely on the same basic methodology.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/europpblog/
Additional Information: © 2020 The Author
Divisions: European Institute
Subjects: H Social Sciences > HD Industries. Land use. Labor
Date Deposited: 19 Aug 2020 10:39
Last Modified: 09 Apr 2021 23:09
URI: http://eprints.lse.ac.uk/id/eprint/105976

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