Priorities for 2023 – Productivity Commission
Since it was launched on 16 September 2021, the UK Productivity Commission (The Commission) has held three oral evidence sessions and issued two calls for written evidence. On 23 June 2022, The Commission published its first report, which summarised the written and oral evidence that was received and should be treated as a point of departure. The Productivity Commission is hosted by TPI’s partner, the National Institute of Economic and Social Research (NIESR).
The report outlined the concepts of productivity and the UK productivity puzzle before discussing issues around ‘sizing the problem’ and ‘measurement’ at international, national and regional Levels. We discussed productivity across and within sectors before moving on to potential explanations of weak productivity growth in the UK. We concluded with a selection of potential policy priorities that flowed from the evidence that the Commission received.
Over the next three years, The Commission will hold evidence sessions that focus on specific policy issues. A report containing suggestions to the Government for how the UK can improve its Productivity performance will be published after the evidence sessions. The Commission will also examine different ways to hear from productivity experts, such as presentations from authors of policy papers and the various productivity boards around the world.
We were therefore pleased to participate in the OECD National Productivity Boards meeting on 30 June 2022. Annex 1 of this Report lists our Commissioners and Annex 2, which was prepared by Dr Dirk Pilat, compares the key themes of the productivity boards. This report sets out what The Commission learned in its first year and what the policy priorities are Over this coming session. We are pleased to welcome Stephen Aldridge, Chief Economist and Director of Analysis and Data Directorate at the Department for Levelling Up, Housing and Communities, as our
Government Observer for this year’s work and thank Mike Keoghan (BEIS and then ONS) for his work and support last year. And we are grateful to Dr Catherine Mann and Dr Paul Fisher for agreeing to contribute to the writing of our reports in the upcoming session and to Dr Dirk Pilat who will join us as a special rapporteur.