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Our research covers a wide range of topics related to businesses and their investments, including firm productivity, innovation and research and development, the location of firms’ activities and the effects of tax, competition and other policies.

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Productivity and the role of government

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This commentary asks whether a productivity gap is really the problem facing Britain. Do lower levels of output per worker suggest greater inefficiency or do they reflect differences in levels of inputs? Historically low levels of investment suggest that our stock of R&D, physical and human capital may be lower than it is in the other main industrialised countries.

1 November 1998