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Business Service Sectors

Project Leaders

Rachel Griffith - AIM Senior Fellow, Institute for Fiscal Studies
 Mari Sako - AIM Senior Fellow, Said Business School

Project Members

Laura Abramovsky - AIM Researcher, Institute for Fiscal Studies

Methodology

We will undertake descriptive and econometric analysis of firm line of business data on productivity, look at what activities are taking place within these industries and look at what type of firms experienced productivity improvement. Initially we will focus on the UK, but we hope to extend this to compare to other countries. As part of this work we will tackle issues around how to measure and understand productivity in 'creative' industries.

Project Description
This project will explore the determinants of this growth. The sorts of factors will focus on include changes in the composition of activities undertaken within the sectors, change in the competition and the entry and exit of plants, improved efficiency due to scale effects, the adoption of new technologies along with other factors.

This work will develop and extend current economic models of firm's behaviour and the boundaries of the firm, based largely on the Property Rights Theory of the firm. The model will address the issues around what determines why some managers outsource but others don't and what are the main costs and benefits of outsourcing?

Project Outputs

 


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