Sectoral influences on Scotland's productivity performance

Jennifer Turnbull, Jonathan Slow, Kenny Richmond

    Research output: Contribution to journalArticle

    Abstract

    Productivity is an important driver of economic growth and a key determinant of wages and living standards. Scotland’s productivity performance is below a number of other economies, and the Scottish Government’s ambition is to match the performance of the top quartile of OECD countries. This paper considers the role that Scotland’s sectoral employment structure has played in recent productivity performance. The findings show that a majority of Scotland’s employment is in sectors that have below overall average productivity levels, and the employment levels in these sectors has increased in recent years. Conversely, employment has declined in a number of sectors that have above overall average productivity. Also, productivity levels in a number of large employing sectors have increased, but this has been offset to an extent by falling productivity in others. Sectoral employment and productivity trends have slowed the overall growth of productivity in Scotland. The paper then considers the implications for future forecast employment growth on productivity performance.
    LanguageEnglish
    Number of pages15
    JournalFraser of Allander Economic Commentary
    Volume43
    Issue number1
    Publication statusPublished - 17 Apr 2019

    Fingerprint

    Productivity
    Scotland
    Wages
    Employment structure
    Economic growth
    Standard of living
    Government
    Employment growth
    OECD countries

    Keywords

    • Fraser of Allander
    • Scotland
    • economic activity
    • productivity measurement

    Cite this

    Turnbull, Jennifer ; Slow, Jonathan ; Richmond, Kenny. / Sectoral influences on Scotland's productivity performance. In: Fraser of Allander Economic Commentary. 2019 ; Vol. 43, No. 1.
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    Sectoral influences on Scotland's productivity performance. / Turnbull, Jennifer; Slow, Jonathan; Richmond, Kenny.

    In: Fraser of Allander Economic Commentary, Vol. 43, No. 1, 17.04.2019.

    Research output: Contribution to journalArticle

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