The University of Strathclyde
Last week, the Scottish Government published updated labour productivity figures up to the third quarter of 2018. The release was also effectively the first official assessment of Scotland’s international productivity performance up to the end of 2017. Recall that this was the measure used to assess the ‘Scotland Performs’ target …
Scottish productivity statistics – latest update and longer-term trends Read More »
Mark Mitchell and Robert Zymek University of Edinburgh It is now well understood that differences in labour productivity – the value of goods and services that can be produced in an average hour of work – explain many observable economic differences between countries. Evidence shows that that highly productive economies outperform …
Scotland’s “Middling” Productivity – An International Perspective Read More »
One of the interesting features of the Scottish economic data landscape is that both the Scottish Government and the ONS produce their own separate measures of economic growth for Scotland. Recently we got some new National Accounts data from the Scottish Government as well as new data from the ONS …
Data on Scotland’s economic growth- what’s the difference? Read More »
Yesterday saw the publication of the latest Scottish Government official estimates of productivity in Scotland. Headline results The latest figures show that labour productivity – as measured by output per hour – fell by 0.7% during the three months Jul-Sept 2017. This was 8th quarter in a row of falling …
Productivity has once again jumped back up to the top of the news agenda. UK productivity growth remains exceptionally weak. And as we discussed in our Budget Briefing event on Friday, the decision by the OBR to revise their forecast for productivity has had a major impact on the outlook …
As usual, Wednesday’s labour market figures grabbed the attention of most people with the focus once again on the sustained rise in employment and fall in unemployment over the year. However with Scotland’s labour market close to ‘record’ levels but more fragile growth in the economy overall, another set of …
Last month, updated figures for labour market productivity in Scotland were published. They showed a relatively sharp jump in productivity– a rise of 3.5% in 2015. This led the Scottish Government to conclude that the “figures show that Scotland’s productivity performance has grown around four times faster than the UK, …
Scotland’s recent productivity performance – is it all good news? Read More »
Jeremy Peat, Visiting Professor, IPPI, University of Strathclyde. First appeared on IPPI Blog. Despite the Brexit vote economic life goes on, and more than ever we need to work through how Scotland’s economic performance can be enhanced. Nobody knows precisely what life beyond the referendum vote will actually mean for the …