Journal Article

Import Competition, Productivity, and Restructuring in UK Manufacturing

Chiara Criscuolo, Jonathan Haskel and Ralf Martin

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 20, issue 3, pages 393-408
Published in print September 2004 | ISSN: 0266-903X
Published online September 2004 | e-ISSN: 1460-2121 | DOI: http://dx.doi.org/10.1093/oxrep/grh023
Import Competition, Productivity, and Restructuring in UK Manufacturing

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  • Economic Development and Growth
  • Public Economics
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We discuss the literature on the importance of entry and exit for raising productivity growth. Using micro data for the UK for a period from 1980 to 2000, we find that the share of productivity growth accounted for by entry and exit has increased considerably: from around 25 per cent in the 1980s to around 50 per cent in the 1990s. We then ask to what extent increased globalization—measured as sectoral import penetration—might have explained this and find effects from both globalization and information and communication technology.

Journal Article.  0 words. 

Subjects: Economic Development and Growth ; Public Economics ; Political Economy ; Public Policy

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