Macroeconomic trends & policy

Many of the UK productivity issues reflect economy-wide failures. From a private finance viewpoint, large financing gap for business seems to have emerged as banking restrictions on lending lead to shortfalls in productive investment. From a fiscal viewpoint, public investment in productivity-enhancing infrastructure may be limited by the fiscal regime and accounting frameworks used by the Treasury.

Access to capital and finance: strategic context, challenges and policy recommendations

Coordinated public-private investment is needed to reduce the UK's regional productivity inequalities.

Research

Aug 12, 2024

Structural Change at a Disaggregated Level: Sectoral Heterogeneity Matters

An analysis of a disaggregated structural change model for the US economy in the post-Second World War period.

Research

Jul 31, 2024

Private equity financing & firm productivity

This paper compares private equity (PE) transactions and data on non-PE-backed firms to study the impact of private equity funding and ownership on firm-level productivity.

Research

Jan 24, 2024

A diverse community of leading experts, policymakers and practitioners

The Institute’s key research themes are led by ten academic partners spread across the UK.

Working closely with policymakers

We’re a UK-wide research organisation exploring what productivity means for business

Businesses are crucial to solving the UK’s productivity problems.

Macroeconomic trends & policy