It's well-established that UK firms engaged in international trade are more productive, but why? New analysis from @christinavpalmou.bsky.social and Kyle Jones (ONS) offers new evidence: tinyurl.com/5c9mazpa

On 22 April we published new analysis comparing management practices in the public and private sectors. Previous research shows that good management practices are linked to higher productivity and other positive outcomes for organisations. www.ons.gov.uk/economy/econ...

Another busy room for this panel on trade and productivity in British firms with @grantfitzner.bsky.social, @christinavpalmou.bsky.social, Swati Dhingra, Gregory Thwaites, Mairi Spowage and @sophie-piton.bsky.social. #EconStats2025

The UK will soon have a new industrial strategy. What can we learn from past policies, and from examining the sectors in the government's recent green paper? Our new CMA report looks at the data. https://www.gov.uk/government/publications/industrial-policies-new-evidence-for-the-uk 1/

Today we published further analysis of the Management and Expectations Survey 2023, focusing on the relationship between management practices and the adoption of technology and artificial intelligence: www.ons.gov.uk/economy/econ... #econsky

At tonight’s #NationalProductivityWeek event with @productivity.bsky.social and @resmedia.bsky.social we’ve have presentations from ONS, TPI, Scaleup Institute and CBI.

My first big blog of the BlueSky era! Examining the multiple claims (found in @financialtimes.com and elsewhere) that Tech sector success is the main factor in US outperformance ... The answer is: it's not that simple freethinkecon.wordpress.com/2024/12/11/u... Thread later, maybe tomorrow

The UK Longitudinal Business Database allows any accredited researcher in the ONS Secure Research Service to track the near-universe of UK firms at quarterly frequency and to link them to other administrative and survey data sources. I have written about it here. #EconSky

ONS has also just published a new report on business dynamism. tinyurl.com/4w5ku5xk Great to see an ESCoE technical report on the UK Longitudinal Business Database referenced in this ➡️ tinyurl.com/mwr79n3p

Enjoyed being on the panel on the ONS's analysis of #business #dynamism (https://bit.ly/41mctVf ). Needs attention if we want #productivity #growth. One example: the 50% of firms in the bottom half of productivity distribution contributed almost nothing to productivity growth in the last 20+ years.

Great to see ESCoE work referenced at an ONS and Department for Business and Trade event on business dynamism today.

Really good ONS / DBT event today on business dynamism - how the UK is doing (not great) and what can we do about it.

I'm at ONS & Department for Business and Trade event this morning in business dynamism, #productivity and growth. First, @twickersham.bsky.social describes new ONS work on dynamism and firm-level productivity. Most of the productivity slowdown post-GFC due to the middle of the firm distribution.

@twickersham.bsky.social gave an amazing presentation this morning at the 'Stimulating UK economic growth through dynamism' featuring our dashboard data

The ONS today published its latest productivity and business dynamism bulletin. Headline figures: no change year-on-year to average markups, job reallocation or the overall labour productivity distribution. www.ons.gov.uk/economy/econ... 1/

Fascinating ONS analysis on business dynamism and productivity (https://bit.ly/41mctVf ). The UK suffers from a 'big bulge' of below-average firms: >70% of employees work in firms with productivity below the mean. Also, older, large firms and micro, new firms key to job creation. #dataisbeautiful

Anthony Savagar and I are working on a *real-time* #BusinessDynamism project In our dashboard we visualise the entry and exit of UK-registered companies: asavagar.shinyapps.io/BusinessDyna... Soon a working paper is coming

New analysis from our team today: the 2024 edition of our annual 'Trends in UK business dynamism and productivity' statistical bulletin: www.ons.gov.uk/releases/tre... Essential reading for understanding how firm-level trends influence overall UK economic growth. A few highlights follow. #econsky

We have organised a joint ONS and DBT event in London on Thursday, December 5 to discuss how to measure and improve business dynamism as the government develops plans for its economic growth mission. You can sign up to attend here: www.eventbrite.co.uk/e/stimulatin...

Yesterday saw the conclusion of our third annual CMA-Durham workshop on market power. The programme and atmosphere were excellent, and I was particularly happy that we managed to yet again bridge the academia-government divide. Let me flag a few papers I particularly enjoyed. 1/

We are grateful to the ONS and CompNet for creating and making accessible crucial microdata resources. Data creation is a public good, and as researchers we are indebted to those who provide it. 27/

How has competition changed across the UK economy over the past two decades? The CMA has just released our report on the state of UK competition. Let me pick out a few key narratives. #EconSky https://www.gov.uk/government/publications/the-state-of-uk-competition-report-2024#EconSky 1/

The ONS has today released results from two new data collection efforts on public-sector productivity: a public-sector version of the existing Management and Expectations Survey and a public-sector time use survey. Overall, management practices look similar in the public and private sectors. 1/

Policymakers often need to design policies quickly in the face of crises, but analysis required for evidence-based policymaking is published with a significant lag. So what can researchers do help? A thread on a new paper with my wonderful coauthors @trfetzer.com and Christina Palmou. 📈📉 (1/28)