Improving productivity - Opening the black box.

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dc.contributor.authorMayhew, Ken
dc.contributor.authorNeely, Andrew
dc.date.accessioned2009-03-25T16:29:23Z
dc.date.available2009-03-25T16:29:23Z
dc.date.issued2006
dc.description.abstractHourly productivity levels in the UK still remain behind those in some competitor countries. The government devotes much policy attention to enhancing productivity and continues to emphasise its five drivers—investment, innovation, skills, enterprise, and competition. This article argues that it is investment broadly defined that is the key to sustained productivity improvement. The emphasis should be on improving productivity simultaneously with improving the quality of production. Only thus will the gains be widely shared. In achieving these aims there are two prerequisites for policy-makers. The first is to ensure better coordination of policy than appears to be currently achieved by the present departmental structures in Whitehall. The second is to recognize fully the long and complex chain of causation that can be triggered by pulling on one policy lever. Such complexity can only be fully understood by more research on what actually goes on inside the black box of the organization.en_UK
dc.identifier.citationMayhew,K.; Neely,A.; Improving productivity - Opening the black box, Oxford Review of Economic Policy, 2006, 22, 4, 445-456.en_UK
dc.identifier.issn0266-903X
dc.identifier.urihttp://dx.doi.org/10.1093/oxrep/grj026
dc.identifier.urihttp://hdl.handle.net/1826/3305
dc.language.isoenen_UK
dc.publisherOxford University Pressen_UK
dc.rightsThis is a pre-copy-editing, author-produced PDF of an article accepted for publication in Oxford Review of Economic Policy following peer review. The definitive publisher-authenticated version Mayhew,K.; Neely,A.; Improving productivity - Opening the black box, Oxford Review of Economic Policy, 2006, 22, 4, 445-456 is available online at: DOI:10.1093/oxrep/grj026
dc.titleImproving productivity - Opening the black box.en_UK
dc.typePostprinten_UK

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