MSc Economics (Distinction), University College London, 2010 BSc Economics (1st Class), University College London, 2007
Helen is a Senior Research Economist in the Productivity and Innovation sector. She joined the IFS in 2007. Her current research explores firm investment and UK productivity performance during the Great Recession. Recent projects have considered the effect of corporate taxes on the location of intellectual property, the introduction of Patent Boxes across Europe, and issues surrounding tax competition between European governments. Other projects have investigated the extent to which firms are locating their innovative activity abroad, including to emerging economies, and what effects this may be having.
Weak productivity growth is not confined to a few sectors of the economy
Productivity is currently the most talked about topic in town, and for good reason. At the end of 2014 UK productivity remained below its pre-recession level and 16% below where it would have been had the pre-recession trend continued. Looking forward, it is only productivity growth that is likely to spur increases in real wage growth and living standards. Alongside the upcoming budget, George Osborne will set out a plan for how to boost productivity.
This Observation aims to provide some context for current discussions by setting out what the most recent data shows about the trajectory of productivity across different sectors of the economy.