productivity, but the sectoral composition of regions and their type of investment are more important determinants. Each region has … would also be effective in stimulating productivity. Manufacturing investment cannot be a substitute to investment in …The United Kingdom is preparing a modern industrial strategy to boost labour productivity across the whole country and …

, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …Over the past century the long-run growth of six economies shows a strong association between investment in machinery …