Working Paper 10: Productivity indicators submission

Her Majesty’s Treasury and the Department of Trade and Industry launched a consultation exercise regarding their proposal to develop a focussed set of productivity indicators for the UK. GLA Economics submitted a formal response during the consultation period. GLA Economics said that they had reservations about the proposal as it was difficult to summarise performance using just a simple set of indicators. Rather, GLA Economics argued that it was better to come to a judgement based on all relevant evidence.