National Productivity Week 27th November 2023 | Visit Website

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.

Investment in Places research project

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

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

Research

Macroeconomic trends & policy

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.

Theme lead

Professor Jagjit Chadha

Co-Investigators

Professor John Tsoukalas
Dr Issam Samiri

Collaborators

Professor John Fernald
Professor Robert Inklaar
Paul Mortimer-Lee
Professor Adrian Pabst

Theme paper

Macroeconomic Perspectives on Productivity

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
Picture of piles of pound coins

Macroeconomic Perspectives on Productivity

Surveying UK productivity performance over the long run across countries and focus on the sharp slowdown since the global financial crisis.

Research
Dec 13, 2022
British flag and globe

The UK Productivity Puzzle in an International Comparative Perspective

The United States and northern Europe have experienced very similar productivity slowdowns to the UK since 2007.

Research
Apr 1, 2022