Productivity Performance in Central Bedfordshire

Completed projects, Local economic profiles, Research, analysis and evidence
Central Bedfordshire Council engaged Andrew Graves and colleagues at TBR to undertake a study to test the assumption that Central Bedfordshire is a low Gross Value Added (GVA) and low productivity economy and, if this was found to be the case, to investigate the causes. The study focused on analysis of secondary data to explore the economic output and productivity performance of the local economy. The first task was to establish and describe the key measures of output and productivity and to acquire the data necessary to assess these for Central Bedfordshire and comparator areas.  Measures employed included total GVA, GVA per capita, GVA per filled job, GVA per hour worked and GVA per firm.  The study also investigated innovation levels using granular data from the UK Innovation Survey (UKIS),…
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