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In the News

Productivity differences between large and smaller firms in the UK

Graham Watson

11th January 2016

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I'm not sure what to say about the data published by the ONS that finds productivity is higher in larger businesses. According to the ONS "Larger firms – which might have greater scope for dividing up production activities into specialised units, or which can benefit from increasing returns through centralised business functions, for example – tend to have higher productivity than smaller firms."

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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