Published: 19th May 2020

Productivity in the Sheffield city region could be closer to the national average than previously thought, according to a new study. The study by academics at Sheffield Hallam University found that while output per head and output per job in the region are both well below the UK average, the efficiency of production in the local economy is much closer to the national average. In terms of conventional measures of productivity, the city region achieves only 69% of the national average Gross Value Added (GVA) per head and only 80% of the national average GVA per job. But if the GVA per job figure is adjusted for industry, occupational mix and hours worked, the city region moves substantially closer to the national average at 92%, which is similar to other urban areas outside London. The study also concluded that in terms of efficiency, the Sheffield city region is not out-of-line … (To read the full article, subscribe below)