Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Jakob Schneebacher
What are the consequences of market power in supply chains?
Competition authorities in many countries, including the UK, vigorously pursue businesses that exercise market power – restricting supply to raise prices – to harm consumers. Market power higher up in supply chains, between one business and another, is less visible, and therefore harder to study. To address this evidence gap, the Competition and Markets Authority (CMA) recently brought together experts on market power in supply chains for a UKRI-funded workshop.
The UK’s new industrial strategy: what can we learn from past policies?
Industrial strategies – that is, coordinated policies with the aim of shaping the industrial make-up of an economy – have seen renewed interest from economists and policy-makers alike in recent years. The United States, for example, passed the CHIPS and Science Act aimed at strengthening its domestic semiconductor industry in 2022.
How is competition changing across the UK economy?
Economists have long studied competition and the market power that firms wield in individual markets – that is, their ability to influence prices in a market. But more recently, the profession has become concerned that competition increasingly fails to work well for consumers across the whole economy.
What do we know about labour market power in the UK?
Competition authorities – such as the Competition and Markets Authority (CMA) in the UK – have traditionally monitored firms’ ability to raise the price of products, thus disadvantaging consumers. But they have become increasingly interested in firms’ ability to affect wages too. Firms’ market power in labour markets may not only reduce the wages of affected workers, but it could also distort labour supply (the amount of hours worked at a given wage) and production decisions.
Management practices in Great Britain
1. Main points The average management practices score across firms in Great Britain was 0.58 in 2019 and 0.60 in 2020, on a scale from 0 (no implementation of management practices) to 1 (full implementation), according to the Management and Expectations Survey 2020. This headline number masks significant variation across size bands, industries and regions. The mean management score in 2020 varied across industries from a low of 0.55 in real estate to a high of 0.63 in other services.
Management practices, homeworking and productivity during the coronavirus (COVID-19) pandemic
1. Main points The main determinants of good management in British businesses are firm size, firm age and employee human capital, and have not changed significantly during the coronavirus (COVID-19) pandemic. Good management practices have made it easier for firms to adapt to novel practices like homeworking and online sales during the pandemic. Overall, better-managed firms have retained their labour productivity advantage over comparable peers during 2020. Back to table of contents 2.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Jakob
Contact Jakob, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack