@joshmartinecon
Economic Adviser at Bank of England. Current PhD at King's College London. Previously ONS. Interests: Productivity, intangibles, capital, stats. Member of ESCoE, The Productivity Institute. Only personal views.
What kinds of careers can you build in and around research, and how do you get started?
Career stories from ESCoE researchers and staff members.
@joshmartinecon.bsky.social @stuartgmcintyre.bsky.social
Ahead of his presentation @productivity.bsky.social's recent conference @manchester.ac.uk, we spoke to @joshmartinecon.bsky.social about his new work with Cliodhna Taylor (ONS) on labour productivity estimates with more industry detail.
Full video: tinyurl.com/mw53uhpa
@kingsbschool.bsky.social
New #productivity data - we build labour productivity estimates for over 180 industries in the UK, more than doubling the detail available from official stats. #econsky
Paper with @escoeorg.bsky.social - www.escoe.ac.uk/publications...
Blog - www.escoe.ac.uk/uk-labour-pr...
How can we measure productivity across the economy in greater detail?
In this blog, ESCoE PhD student @joshmartinecon.bsky.social reflects on a new technical report with ESCoE & @productivity.bsky.social's Data Lab, co-authored with ONS's Cliodhna Taylor: tinyurl.com/yc5zecat
The programme is now out and includes ESCoE's @joshmartinecon.bsky.social and @yannisgalanakis.bsky.social, with a keynote from @imperialcollegeldn.bsky.social's Jonathan Haskel: tinyurl.com/7st5fv73
@jschneebacher.bsky.social @durham.ac.uk
Pleased to have this paper out, which documents an application to the UK of the Bernanke-Blanchard model of wages, inflation and expectations. This is the UK work that feeds into the Bernanke & Blanchard cross-country paper.
Insights on recent UK inflation and associated data #econsky
Finally a very interesting presentation from @domignon.bsky.social on the impact of mental health inequalities within regions on productivity levels. More unequal MH is associated with lower productivity (and in previous work they have that lower average MH is also assoc with lower productivity).
Next research by Jun Du on the differential impact of training for staff and managers (both coverage and intensity) on productivity. Positive effects across the board, but intensity matters more. Lots of discussion about recent trends in online training and current attitudes - some worries!
Session in skills, training snd health at @productivity.bsky.social conference, presentation by @duranvj.bsky.social on the role on training on productivity across European countries. Training has a positive but small direct effect, but a large interaction effect with other intangibles.
Session in skills, training snd health at @productivity.bsky.social conference, presentation by @duranvj.bsky.social on the role on training on productivity across European countries. Training has a positive but small direct effect, but a large interaction effect with other intangibles.
Session on knowledge capital at @productivity.bsky.social Productivity Research Conference, Matthias Schief (@oecd-ocde.bsky.social) presents work on the impact of AI on productivity, using a task-based analysis. Wide range of effects across different industries, and GE effects between industries.
"We need to be better at factoring natural capital and the environment into our measurement of productivity" - @joshmartinecon.bsky.social during the panel session at the Productivity Research Conference.
Read his TPI blog "Greening productivity measurement": www.productivity.ac.uk/news/greenin...
Next, Marius Fourné (Halle) explores the spillover effects of climate policies in production networks. Using inter-country input-output data, and country climate policy measures, he finds significant impacts of foreign climate policies on domestic industry outcomes. Very neat! #econsky
Next @robertinklaar.bsky.social presents exploratory work on occupational specialisation and outsourcing on productivity growth across industries in European countries. Productivity growth has been stronger in industries more intensive in management and R&D type jobs.
Session on productivity and macroeconomics at @productivity.bsky.social conference - Issam Samiri develops a model of labour supply in cities, accounting for commuting, with implications for the distribution of workers and productivity. #econsky
Is the productivity puzzle still a puzzle? 🧩
The opening panel session at @productivity.bsky.social's conference featured ESCoE Advisory Board member @bartvanark.bsky.social, Research Associate Mary O’Mahony and PhD student @joshmartinecon.bsky.social.
About to get going at the @productivity.bsky.social Productivity Research Conference 2025. Two days of discussions on all things #productivity coming up.
An interesting issue on the UK productivity puzzle, including an article by @joshmartinecon.bsky.social (@bankofengland.bsky.social and ESCoE/ @kingscollegelondon.bsky.social PhD student).
@productivity.bsky.social
Some good summer reading!
A new issue of the #InternationalProductivityMonitor (Spring 2025) with a Symposium of articles on the UK #productivitypuzzle. www.linkedin.com/pulse/sympos...
Also a great article on #AI impacts on productivity by OECD.
CSLS and @productivity.bsky.social
I worked in government statistics for some years, including a spell in ONS, and there are a few things to say here.
Final day of @escoeorg.bsky.social conference on economic measurement being kicked off by Sébastien Roux. He describes work by @insee.fr to develop augmented national accounts statistics, incorporating environmental factors by treating emissions as a production input. #EconStats2025
Finally @kevinfoxecon.bsky.social presents on a nonparametric estimation of mark-ups (not imposing a functional form, but drawing on past input-output observations to infer feasible production technologies). Decomposition of markup change into technology, input and output prices, and (in)efficiency.
Tommaso Bighelli (@bankofengland.bsky.social) looks at the effects on incumbents when competitors engage in M&A using German firm-level data. Outside firms expand their product range, especially in highly concentrated markets. #EconStats2025
Session on productivity at @escoeorg.bsky.social conference #EconStats2025 - @emarvasi.bsky.social explores the nexus between intangible capital, market power, & productivity. Accounting for intangibles important for estimating mark-ups - they are lower and flatter, esp for US intan-intensive inds.
Fantastic work by @sophie-piton.bsky.social and co-authors investigating measurement of trade in banking services. Measurement of implicit income is challenging, but finds effect of Brexit once looking at stocks of loans and deposits rather than FISIM. #EconStats2025
Now at ESCoE conference #EconStats2025, a panel discussion on trade and productivity with a range of speakers.
Trade a topic of renewed interest, and productivity always important! Traders are more productive than non-traders, but much of that is selection effects.
Richard explores productivity implications of declining dynamism and the productivity slowdown. Contrasts diffusion with dynamism (with aid of sharks!) Lower responsiveness of firms to productivity shocks, failing to scale up, could depress dynamism and growth. #EconStats2025
Diane notes that the decline in dynamism and productivity growth are global, so global explanations needed. Complexity of production methods and global production methods could inhibit dynamism, startups, scaleups. Some better measurement needed! #EconStats2025
Jakob sets the scene: competition has declined, though measurement is tricky, & probably less in the UK than US. Not clear that increase in market power is driver of reduced business dynamism. Market power has not increased in UK labour market overall, though regional variation. #EconStats2025
Day 2 of the @escoeorg.bsky.social conference on economic measurement, kicking off with a panel on competition, dynamism and growth with @jschneebacher.bsky.social, @dianecoyle1859.bsky.social, @richarddavies.bsky.social and @teraallas.bsky.social. #EconStats2025
