Table 2: Growth Accounting Decomposition — United Kingdom
Component 1996–2001 2002–2007 2008–2013 2014–2019
Tangible Capital Deepening 0.38 0.46 0.27 0.21
Intangible Capital Deepening 0.52 0.68 0.44 0.43
Labour Composition 0.34 0.17 0.55 0.13
TFP 1.23 0.52 -1.26 -0.10
Labour Productivity Growth 2.47 1.83 0.00 0.67
Notes: Average annual contributions to labour productivity growth in percentage points. Source: EU KLEMS and INTANProd, authors own calculations.