Wealth of the Nation: Scotland's Productivity Challenge - Technical Appendix
Mark Mitchell and
Robert Zymek ()
Edinburgh School of Economics Discussion Paper Series from Edinburgh School of Economics, University of Edinburgh
This note provides technical background information on some contents of the report Wealth of the Nation: Scotland's Productivity Challenge (Kelly et al.,2018). The report shows that Scotland's productivity performance is only middling in the OECD: Scotland would need to close a productivity gap of 20% to reach the top quartile of most productive OECD countries. It also illustrates that this gap can be attributed to a relatively low capital stock and low Total Factor Productivity (TFP) in equal measure. In this note, we make transparent the data and assumptions underlying these calculations.
Keywords: input-output; development accounting; productivity (search for similar items in EconPapers)
JEL-codes: E01 F40 O52 R11 (search for similar items in EconPapers)
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