Goodridge, Peter; Haskel, Jonathan; Wallis, Gavin - In: National Institute Economic Review 226 (2013) 1, pp. 50-50
This note responds to a critique of our recent paper, “Can Intangible Investment Explain the UK Productivity Puzzle …, the puzzle is that measured labour productivity has been falling, but labour quality is rising, so, at least on this … measure, changes in labour quality cannot explain falling productivity. …