From Skills Revolution to Productivity Miracle--Not as easy as it Sounds?

C-Tier
Journal: Oxford Review of Economic Policy
Year: 2006
Volume: 22
Issue: 4
Pages: 539-559

Authors (3)

Ewart Keep (not in RePEc) Ken Mayhew (Pembroke College, Oxford) Jonathan Payne (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article surveys the potential impact of skill on productivity. It opens with a review of the utility of productivity as a measure of systemic economic performance, and then goes on to explore the oft-assumed close and strong relationship between skills and productivity. The importance of other factors and types of investment is stressed. These complementary elements may be at least as important as skill in boosting performance, and their absence may negate the impact of public investment in education and training. The ability of economic development policy, particularly as it relates to the Regional Development Agencies, to address skills and economic development is assessed, and questions are raised about what type and level of skill might have the largest impact on economic performance. In conclusion, we discuss the demands that new policy approaches are making upon the machinery and personnel of government. Copyright 2006, Oxford University Press.

Technical Details

RePEc Handle
repec:oup:oxford:v:22:y:2006:i:4:p:539-559
Journal Field
General
Author Count
3
Added to Database
2026-01-25