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Performance Measurement, Regulation and UK Productivity A Multidisciplinary Overview of Unintended and Indirect Effects Ideas factory Presentation, 29 September 2005. Joseph Antony, Gerben Bakker, Kim Tan, Kathryn Walsh and Alan Williams Leeds-Essex-Nottingham-Loughborough-Exeter.
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Performance Measurement, Regulation and UK Productivity A Multidisciplinary Overview of Unintended and Indirect Effects Ideas factory Presentation, 29 September 2005 Joseph Antony, Gerben Bakker, Kim Tan, Kathryn Walsh and Alan Williams Leeds-Essex-Nottingham-Loughborough-Exeter
The Puzzle: British productivity is lagging Many attempts to improve it, without a winning result Could regulation hold the key to the problem?
Objectives: • Multidisciplinary literature overview • Seminal cases • Comparison of methods • Scales of observation • Detailed analysis of small number of cases
Objectives: 3. Develop framework for larger proposal 4. Effect on long-run UK productivity vis-à-vis US and Europe • Implications for managers and policy makers
Some issues: • Multidisciplinary overview literature • Cost-benefit analysis • Optimal precision administrative rules • Measuring regulation across countries • Connection performance measurement within firm with regulation
Some issues (continued): • The policy landscape • The politics of regulatory change • Not getting a slice of the larger pie • Sowing the seeds of one’s own destruction
Potential case studies: • Airline deregulation • End-of-life legislation • Other cases
Investigators and roles: • S. Joseph Anthony • Gerben Bakker • Kim Tan • Kathryn Walsh • Alan Williams
Outputs: • Framework for follow-up large-scale project • Pilot/feasibility study for potential case studies • Essay-style review of the literature • Multidisciplinary • Seminal cases • Identificayion of gaps • Article in academic journal based on review
Impact: • Academics • Policy makers • Firms • Investors • Emergence interdisciplinary knowledge network • Follow-up large-scale project
End-of-life legislations: the indirect consequences Dr. Joseph Antony Dr. Anjula Gurtoo
Focus • How legislations impact productivity • Focus: End of life legislations • Direct consequences: recycling, waste management, costs, technology – new technologies and tech. efficiency • Indirect consequences • Unforeseen consequences • Unintended consequences
Some significant issues • Seen to significantly impacts producers in electronic and electrical, automotive/transport and producers heavily using plastics and metals. These are typically large size UK companies. • Calls for a different framework of consumption – away from the current paradigm of ‘individualism’ and ‘ownership’. Evolution of shared/community consumption structures? How much are we willing to give in? • Study of Risk: to the government; industry; at the level of producer, lender and industrial user/buyer.
Research plan • Nature of end-of-life legislations: its various forms • Identification of focus areas/fields • Identification of industry specific and focus specific journals and authors • Data collection • A tentative outline of analysis • Possible indirect consequence – which industries gets impacted – the significant issues – key effects and findings - author(s) who has studied the effect • The emerging framework of legislation and UK productivity
Time lines • Sept to November 2005 – identification of issues and data collection • December 2005 – review meeting • Jan to March 2006 – data collection and analysis • April 2006 – presentation of analysis
Performance Measurement, Regulation and UK Productivity Feedback Joseph Antony, Gerben Bakker, Kim Tan, Kathryn Walsh and Alan Williams Leeds-Essex-Nottingham-Loughborough-Exeter
Productivity & Regulation • Internal/external perspectives • Small-scale pilot study of c. one year • Integration/coordination • Several meetings planned • Multidisciplinarity is project’s strength • Balance
Productivity & Regulation • Ambitious blue skies research • Front-loaded with exploratory work • In the spirit of the Ideas Factory
Productivity & Regulation • Focus on regulation • Common framework • Institutional economics approach (North) • Multilevel governance
Productivity & Regulation • Exploration and clarification of terms and concepts • Intended/unintended • Foreseen/unforeseen • Direct/indirect
Productivity & Regulation • Positive effect of regulation • E.g. Porter + Vanderlinde JEP 1997
Planning • Start first October • End: January 2007
Planning: Phases: • Exploration 2. Integration, common framework 3. Future outlook/proposal