Business and investment

This paper investigates the relationship between product market competition and innovation. We find strong evidence of an inverted-U relationship using panel data.

In this note we look at policy relating to productivity since 1997 and at the parties' policies in this area.

Recent attention has focused on the UK's productivity gap in the retail sector.

Cobb Douglas production function parameters are not identified from cross-section variation when inputs are perfectly flexible and chosen optimally, and input prices are common to all firms.

Policy makers in the UK and the EU have been concerned that not enough resources are being devoted to innovative activities.

How much does US-based R&D benefit other countries and through what mechanisms?

This paper investigates the determinants of vertical integration using data from the UK manufacturing sector.

In this Briefing Note, we present new evidence on the UK's innovative performance and provide a summary of government business support programmes aimed at fostering innovative activity and technology transfer.

This Briefing Note considers recent trends in specialisation, outsourcing and offshoring of business services.

Many writers have claimed that research and development (R&D) has two faces.

How does entry affect productivity growth of incumbents? In this paper we exploit policy reforms in the United Kingdom that changed entry conditions by opening up the U.K. economy during the 1980s and panel data on British establishments to shed light on this question.

This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literaturethe role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals.

Why have some countries done so much better than others over the recent past? In order to shed new light on this issue, this paper provides a decomposition of the change in the distribution of output-per-worker across countries over the period 1960-98

This paper examines the relationship between foreign ownership andproductivity, paying particular attention to two issues neglected in the existing literature the role of multinationals in service sectors and the importance of R&D activity conductedby foreign multinationals.

We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation.

This study analyses the macro-economic impact of product market reforms undertaken in the European Union over the 1980s and 1990s by examining a large number of regulations and reforms across EU countries.