追踪英国生产力增长渠道

IF 7.5 1区 管理学 Q1 MANAGEMENT
Daniel Garcia-Macia , Julia Korosteleva
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引用次数: 0

摘要

是什么导致了全球金融危机后英国生产率的放缓,科维德事件后的复苏预计会有何不同?本文通过创新结构模型的视角,利用企业总体的登记数据,追溯了过去二十年英国全要素生产率增长的来源。全球金融危机前十年的主要创新来源是在位企业对自身产品的改进,而在全球金融危机后,新进入企业创造的新品种占据了主导地位。在科维德复苏时期,调查数据(截至 2021 年 7 月)显示,创造性破坏(即替代其他公司产品的创新)的重要性有望提高。创新仍是英国经济确保生产率可持续增长的关键。一旦复苏开始,除了研发支持和人力资本投资外,增长政策应优先考虑劳动力和资本在企业间的重新分配。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Tracing productivity growth channels in the UK
What drove the UK productivity slowdown post-Global Financial Crisis, and how is the post-Covid recovery expected to differ? This paper traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by incumbent firms on their own products, whereas creation of new varieties by entrants took a leading role post-GFC. In the Covid recovery, survey data (as of July 2021) suggested that creative destruction (i.e., innovation replacing other firms' products) was expected to gain importance. Innovation remains key for the UK economy to secure sustainable productivity growth. Once the recovery is underway, growth policies should prioritize labor and capital reallocation across firms, in addition to R&D support and human capital investment.
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来源期刊
Research Policy
Research Policy MANAGEMENT-
CiteScore
12.80
自引率
6.90%
发文量
182
期刊介绍: Research Policy (RP) articles explore the interaction between innovation, technology, or research, and economic, social, political, and organizational processes, both empirically and theoretically. All RP papers are expected to provide insights with implications for policy or management. Research Policy (RP) is a multidisciplinary journal focused on analyzing, understanding, and effectively addressing the challenges posed by innovation, technology, R&D, and science. This includes activities related to knowledge creation, diffusion, acquisition, and exploitation in the form of new or improved products, processes, or services, across economic, policy, management, organizational, and environmental dimensions.
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