Martin Ellison's picture
Affiliation: 
University of Oxford
Credentials: 
Professor of economics

Voting history

Levelling Up Productivity Gaps in the UK

Question 2: Which policies could best help reduce regional productivity disparities?

Answer:
Public or subsidized investment in lagging communities
Confidence level:
Confident

Question 1: What is the primary factor driving regional productivity disparities in the UK?

Answer:
Place Fundamentals
Confidence level:
Confident

Prospects for UK Economic Growth

Question 2: What is the most important contribution economic policymakers can make growth in the UK over the next decade? 

Answer:
Improving trade relations with the EU and/or other countries
Confidence level:
Confident
Comment:
Raising public investment in physical and human capital comes a close second.

Question 1: How do you see prospects for future (per capita) GDP growth in the UK in the next decade?

Answer:
Low growth because of UK-specific structural challenges
Confidence level:
Confident
Comment:
It is going to take the UK considerable time to adjust to new trading arrangements. Working through Brexit and the challenges it poses to the UK in particular will impede growth, at least over the next decade or two. With the global background also gloomy, it is difficult to be positive about UK's future.

Effects of an embargo on Russian gas

Question 3: By how much would an immediate EU-wide import ban on Russian gas reduce EU GDP growth per annum in 2022-3, in percentage points (pp), absent other policies?

Answer:
Between 3pp and 5pp
Confidence level:
Confident

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