The booklet, funded jointly by the Economic and Social Research Council and the Department for Enterprise, Trade and Investment (Northern Ireland) presents the views of two leading experts on productivity, Dr Chiara Criscuolo and Professor Richard Harris.
The growth of Northern Ireland’s economic output has been comparatively strong in recent years. However, using a variety of productivity measures, the country performs poorly when compared with other European countries, the US and Japan.
In terms of productivity, since the 1960s, Northern Ireland has consistently underperformed, compared to the UK average, in terms of Gross Value Added (GVA) per head of population and, despite recent relative improvements, Northern Ireland’s GVA remains some 20 per cent below the UK average. Low labour productivity relative to the rest of the UK is one of the key factors behind Northern Ireland’s poor economic prosperity.
Northern Ireland’s Programme for Government goal is to halve the private sector productivity gap with the UK by 2015. Recent research has identified a number of sectors with specific productivity issues including agriculture, construction, wholesale distribution, financial and business services, transport, and health and social services.
“Of particular concern is lower productivity in certain key service sectors,” argues researcher Professor Richard Harris. “In the support of the transport sector, telecoms, financial intermediation, computer and related business services, and especially other business services, productivity is considerably below the UK average.”
Corporate coworking as a driver of innovation
22.11.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)
DNA molecules that follow specific instructions could offer more precise molecular control of synthetic chemical systems, a discovery that opens the door for engineers to create molecular machines with new and complex behaviors.
Researchers have created chemical amplifiers and a chemical oscillator using a systematic method that has the potential to embed sophisticated circuit...
MPQ scientists achieve long storage times for photonic quantum bits which break the lower bound for direct teleportation in a global quantum network.
Concerning the development of quantum memories for the realization of global quantum networks, scientists of the Quantum Dynamics Division led by Professor...
Researchers have developed a water cloaking concept based on electromagnetic forces that could eliminate an object's wake, greatly reducing its drag while...
Tiny pores at a cell's entryway act as miniature bouncers, letting in some electrically charged atoms--ions--but blocking others. Operating as exquisitely sensitive filters, these "ion channels" play a critical role in biological functions such as muscle contraction and the firing of brain cells.
To rapidly transport the right ions through the cell membrane, the tiny channels rely on a complex interplay between the ions and surrounding molecules,...
The miniaturization of the current technology of storage media is hindered by fundamental limits of quantum mechanics. A new approach consists in using so-called spin-crossover molecules as the smallest possible storage unit. Similar to normal hard drives, these special molecules can save information via their magnetic state. A research team from Kiel University has now managed to successfully place a new class of spin-crossover molecules onto a surface and to improve the molecule’s storage capacity. The storage density of conventional hard drives could therefore theoretically be increased by more than one hundred fold. The study has been published in the scientific journal Nano Letters.
Over the past few years, the building blocks of storage media have gotten ever smaller. But further miniaturization of the current technology is hindered by...
11.12.2017 | Event News
08.12.2017 | Event News
07.12.2017 | Event News
15.12.2017 | Power and Electrical Engineering
15.12.2017 | Materials Sciences
15.12.2017 | Life Sciences