Research in this area focuses on economic policy and performance.
Four themes can be distinguished:
The economics of labour markets and industrial relations
Economic performance and productivity
Governance, globalisation and regional economic development
Globalisation, conflict and economic policy
Associated Research Centres
Centre for Research on the Economy and the Workplace
Members of the group also participate in the Centre for Research on the Economy and the Workplace which aims to promote research on productivity, industrial relations and human resource management, foster collaboration between the disciplines of economics, industrial relations and management and create a research environment conducive to submitting high quality bids for research grants. In this respect Mary O'Mahony (co-director of the Centre with Helen Rainbird) has been successful in the recent European Commission seventh framework call for socio-economic research and will coordinate two projects in 2010 (subject to contracts). These projects on measuring indicators for service sectors (INDICSER) and growth and service sectors (SERVICEGAP) bring together 16 research institutes across the EU.
Recent Research Grants
Stan Siebert has also recently been awarded an ESRC-Hong Kong bilateral grant for a quasi-natural experiment on innovative management practices in a large manufacturing firm in China (with Xiangdong Wei of Lingnan University and John Heywood of the University of Wisconsin-Milwaukee). Lisa De Propris also has a NESTA Research Grant on Creative Clusters and Innovation. The research project will investigate the innovation spillovers of creative clusters on UK regional innovation capabilities (with Caroline Chapain, Stewart MacNeill, Philip Cooke (Cardiff).
A brief summary of research areas is as follows.
Carmichael and, Siebert, research the economics of labour markets and industrial relations, for example in exploring the trade-off between working conditions and wages, and looking at the impact of EU labour regulation.
De Propris researches small firms and clusters; competitiveness in clusters and regions; and the knowledge economy and EU regional policy and enlargement..
The theme of economic performance and productivity is explored through O’Mahony’s international comparisons of sector productivity, in cooperation with a network of European and US researchers, centring on the EUKLEMS dataset (www.euklems.com)..
The theme of globalisation, conflict and economic policy is explored through Murshed’s work on rational choice approaches to conflict at the World Institute for Development Economics Research on conflict in developing countries.
Slater researches foreign direct investment in East Asia and the impact of globalisation on regional economic development at firm level.