Productivity

The hardest part of productivity measurement

Productivity has been a topic of great interest in recent years, especially because of the well-known ‘productivity puzzle’ – the historically weak productivity growth in the UK since the economic downturn in 2008.

But if that is a puzzle, here is another one – how do you measure the productivity of public services, like education or healthcare, when they are provided for free? Since 2005, ONS has developed suitable measures for over half of public services, but there is still much to do. In this blog Josh Martin explains how the ONS measures the productivity of public services.

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Two economic policy challenges walk into a bar. One says to the other: ‘Are we related?’

On any ranking, devising new trade policy for after Brexit and solving the productivity puzzle must be among the biggest economic policy challenges facing the UK. Following the latest ONS labour productivity release, Philip Wales highlights new work that shows how trade and productivity are closely related.

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