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- Title
The UK productivity puzzle.
- Authors
Barnett, Alina; Batten, Sandra; Chiu, Adrian; Franklin, Jeremy; Sebastiá-Barriel, Maria
- Abstract
The article focuses on the level of the 2014 first quarter labour productivity growth in Great Britain despite economic improvements in 2013 and in the face of the 2007 to 2008 financial crisis. Topics discussed include the causes which contributed to the weak 2013 fourth quarter labour productivity in the country, productivity growth trend rates, and impaired resource and capital allocation. Charts showing gross domestic product (GDP) and employment for 2014 in Great Britain are also shown.
- Subjects
UNITED Kingdom; LABOR productivity; ECONOMIC indicators; LABOR economics; INDUSTRIAL productivity; EMPLOYMENT; GROSS domestic product
- Publication
Bank of England Quarterly Bulletin, 2014, Vol 54, Issue 2, p114
- ISSN
0005-5166
- Publication type
Article