Productivity growth in advanced economies has slowed. What accounts for it remains a puzzle. One possible explanation lies with the increased stringency of environmental regulations. The authors investigate this possibility in the case of the regulated energy network industries in a sample of OECD countries over the period 1998-2016.

This paper explores the ‘politics of productivity' by focusing on the political institutions, the system of governance, and the policies that have shaped the UK’s poor productivity performance.

This document explores the likely financial and fiscal issues arising in the relationships between central and sub-central governments.

This paper analyses the productivity growth of electricity transmission and distribution networks in Great Britain and how changes in incentive mechanisms have influenced the measured total factor productivity.

The United Kingdom’s industrial policy since the 1970s has been characterised by frequent policy reversals and announcements, driven by political cycles. This paper explores the impacts of these deficiencies of the industrial policy-making landscape in the UK and contrasts them with the experiences of other advanced economies.