Efficiency and Productivity Research
Explore our work in efficiency and productivity, one of the 4 areas of expertise in our Economics research area
Neoclassical economic theory predicts that agents or decision makers who perform below their ability won't survive in competitive markets. However, in reality many other factors, such as imperfect information and regulation, can cause inefficiency and damage productivity. Using state of the art techniques we investigate the driving forces of productivity across various sectors as well as related inefficiencies and other frictions and aim to provide policy recommendations driven by strong theoretical and empirical evidence.
Collaborations and partnerships
Our academic partners include the Brunel University, University of Milan, National University of Singapore, KAPSARC, Queensland University of Technology, University of Montreal, Technical University of Dresden, and University of Applied Sciences Amberg-Weidenand.
- Analysing sectoral productivity in the UK to identify reasons for high and low productivity
- Measuring country’s energy and environmental inefficiency
- Productivity effects of collaboration and specialization in research and innovation
- Skilled-labour migration, gender and peer effects on productivity in STEM research
Recent publication highlights
Önder, A.S., Schweitzer, S. and Yilmazkuday, H. (2021). Journal of Informetrics, 15(4), p.101222.
Ghulam, Y. (2021). Technological Forecasting and Social Change, volume 171.
Conley, J. P., Crucini, M., Driskill, R., & Onder, A. (2020). In S. Galiani, & U. Panizza (Eds.), Publishing and Measuring Success in Economics. CEPR Press. Pages. 67-72.
Filippini, M., & Hunt, L. C. (2015). Energy Economics, volume 52, pages S5-S16
Onder, A., Chan, H., Lariviere, V., Moy, N., Schilling, D., & Torgler, B. (2022).
A.Onder and F.Kunuroglu (2022) Migration Letters, 19(3): 253-260
Better to grow or better to improve? Measuring environmental efficiency in OECD countries with a Stochastic Environmental Kuznets Frontier
Oleg Badunenko, Marzio Galeotti, & Lester C. Hunt (2021).
Resource Economics and Environmental Policy
We examine how economics influences the preservation and sustainability of natural resources such as aquatic ecosystems.
We explore how central banks can keep inflation low and stable by influencing how much money there is in the economy and the cost of borrowing.
Behavioural and Experimental Economics
We investigate how psychological, emotional and social factors affect economic decision-making.