Chryssi Giannitsarou's picture
Affiliation: 
University of Cambridge, Faculty of Economics
Credentials: 
Reader (Assoc. Professor) in Macroeconomics and Finance

Voting history

The UK Productivity Puzzle

Question 1: Which of the following was the most important cause for the slowdown in UK productivity growth?

Answer:
Labour market factors
Confidence level:
Confident
Comment:
To a large extent, the productivity slow-down can be mechanically accounted for by the increase in employment rates and the ratio of employment to population. Therefore labour market factors need to be understood better: for example, demand for new forms of labour types and skills in the last 10-15 years, particularly in the sector of services.

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