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Wealth of the Nation: Scotland’s Productivity Challenge - Technical Appendix

Mark Mitchell () and Robert Zymek ()

ESE Discussion Papers from Edinburgh School of Economics, University of Edinburgh

Abstract: 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)
New Economics Papers: this item is included in nep-eff and nep-mac
Date: 2018-10
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