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Economic Growth and Government Policy

Papers presented at a HM Treasury seminar held at 11 Downing Street on 12th October 2000

Contents

The seminar papers are in PDF format. If you do not have Adobe Acrobat Reader, click here to download.

 

Foreword by Gus O'Donnell and Ed Balls

 

Session One: Growth framework and government policy

What does modern growth analysis say about government policy toward growth

Prof Richard Freeman (Centre for Economic Performance, London School of Economics; Harvard University and NBER)

From micro to macro: public policies and aggregate economic performance

Prof Tim Besley (London School of Economics; Research Fellow, Institute for Fiscal Studies and Program Director,CEPR)

Supply-side policy and British relative economic decline

Prof Nick Crafts (London School of Economics)

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Session Two: Human capital

The benefits of education: what we know and what we don’t

Dr Nicholas Barr (London School of Economics)

Education and economic growth

Prof Jonathan Temple (University of Bristol)

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Session Three: Product market / Total factor productivity

Productivity, competition and downsizing

Mr Matthew Barnes (Queen Mary,University of London) Prof Jonathan Haskel (Queen Mary,University of London and CEPR)

How important is business R&D for economic growth and should the Government subsidise it?

Dr Rachel Griffith (Institute for Fiscal Studies)

Competition, policy stability and growth

Mr Brian Williamson (NERA)

Innovation and Business Performance: Small Entrepreneurial Firms in the UK and the EU

Prof Alan Hughes (Judge Institute of Management Studies,Cambridge and Centre for Business Research,University of Cambridge)

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Session Four: Investment

Investment and growth: the role of corporate governance

Prof Colin Mayer (Saïd Business School,University of Oxford)

The impact of inward investment on the UK economy

Mr Nigel Pain (National Institute of Economic and Social Research)

UK investment and the capital market

Dr Stephen Bond (Institute for Fiscal Studies and Nuffield College, Oxford)

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The views expressed in the papers are those of the individual authors and do not necessarily represent those of HM Treasury.

 

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