Rachel Griffith Explained
Dame Rachel Susan Griffith (born 16 May 1963[1]) is a British-American academic and educator. She is professor of economics at the University of Manchester[2] and a research director at the Institute for Fiscal Studies.[3]
Griffith was president of the European Economic Association for 2015,[4] [5] making her the first woman to hold the position.[6] She was also joint managing editor of The Economic Journal between 2011 and 2017.[7]
Griffith holds both UK and US citizenship.[1]
Biography
Griffith earned her BA degree magna cum laude in Economics from the University of Massachusetts, Boston in 1985, her MSc degree in econometrics and forecasting from the City of London Polytechnic in 1991, and her PhD from Keele University in 1999.[8]
Griffith is currently Research Director of the IFS and co-director of the Centre for the Microeconomic Analysis of Public Policy (CPP). She was elected President of the Royal Economic Society from 2019 to 2020.[9]
She is Professor of Economics at the University of Manchester, a Fellow of the British Academy, a Fellow of the Econometric Society, a Foreign Honorary Member of the American Economic Association and a Research Fellow of CEPR. Rachel won the Birgit Grodal award in 2014, was awarded a CBE in for services to economic policy in 2015 and was made a Dame for services to economic policy and education in 2021. She also served as Deputy Chair of the Economics sub-Panel of the Research Excellence Framework. Currently, she has her second ERC Advanced Grant to study behavior of consumers and firms to see how government policy will impact food markets.[10]
Research
Obesity
Griffith's presidential address to the European Economic Association at the University of Mannheim, Germany entitled "Gluttony and Sloth? Labour Market Nonseparabilities and the Rise in Obesity",[11] [12] reflected her recent research into the relationship between changes in relative food prices and the nutritional quality of households’ shopping baskets.[13]
Corporation tax
In her Royal Economic Society Public Lecture 2015, "Does Starbucks Pay Enough Tax", Griffith argued that corporate tax should be charged like VAT.[14] Griffith stated that the current system of corporate taxation is outdated and taxing corporate profits in the location where value is created is not very meaningful. She suggested taxing profits at the destination of sales rather than at the source of profits would be an improvement.[15] [16] Griffith cited two papers, one by Auerbach and Devereux (2012),[17] the other by Devereux and Vella (2014),[18] in support of her case. Griffith's previous research in this area considers how influential corporate income taxes are in determining where firms choose to legally own intellectual property, i.e. the way in which intellectual property accounts for firms' assets and if they can be used by firms to shift income offshore to reduce their corporate income tax liability.[19]
Honours and Fellowships
- 1999 Research Fellow Centre for Economic Policy Research (CEPR)
- 2011 Elected to the Fellowship of the British Academy (FBA).[20]
- 2011 - 2014 Fellow of the British Academy, Section Chair
- 2014 Brigit Grodal Award.[21]
- 2015 Distinguished Achievement Medal - Researcher of the Year, University of Manchester Faculty of Humanities
- 2015 President European Economic Association
- 2015 The Schumpeter School Award for Business and Economic Analysis, Wuppertal Germany,
- 2015 Commander of the British Empire (CBE) for services to economic policy
- 2016 Elected as Fellow of the Econometric Society.[22]
- 2017 Elected a Fellow of the Academy of Social Sciences (FAcSS).[23]
- 2018-2019 Elected President of the Royal Economic Society[24]
- 2019-2021 Elected President of the Royal Economic Society
Griffith was appointed Dame Commander of the Order of the British Empire (DBE) in the 2021 New Year Honours for services to economic policy and education.
Bibliography
Thesis
- PhD. Griffith. Rachel. 1999. Taxes, the location of multinationals and productivity: an empirical analysis using panel data. University of Keele. 556724027.
Books
- Book: Griffith. Rachel. Aghion. Philippe. Philippe Aghion. Competition and growth: reconciling theory and evidence. MIT Press. Cambridge, Massachusetts. 2005. 9780262012188. PREVIEW
Chapters in books
See also: The Mirrlees Review.
Academic outputs
- Griffith, Rachel. “Product Market Competition, Creative Destruction and Innovation -.” The Institute for Fiscal Studies, 3 December 2021, ifs.org.uk/publications/15863.
- Griffith, Rachel. “Price Floors and Externality Correction -.” The Institute for Fiscal Studies, 15 November 2021, ifs.org.uk/publications/15827.
Reports and comment
- Freeman, Harold. “Surplus ACT: A Solution in Sight? -.” The Institute for Fiscal Studies, 1 September 1993, ifs.org.uk/publications/1915.
- Chennells, Lucy. “Taxing Profits in a Changing World -.” The Institute for Fiscal Studies, 1 September 1997, ifs.org.uk/publications/1885.
- Griffith, Rachel. “Productivity and the Role of Government -.” The Institute for Fiscal Studies, 1 November 1998, ifs.org.uk/publications/1886.
- Dias, Monica Costa. “Getting People Back into Work -.” The Institute for Fiscal Studies, 4 May 2020, ifs.org.uk/publications/14829.
- Griffith, Rachel. “Tackling Heavy Drinking through Tax Reform and Minimum Unit Pricing -.” The Institute for Fiscal Studies, 20 November 2020, ifs.org.uk/publications/15183.
Journal articles
- Griffith. Rachel. Freeman. Harold. Surplus ACT – a solution in sight?. Fiscal Studies. 14. 4. 58–73. 10.1111/j.1475-5890.1993.tb00438.x. November 1993. PDF
- Griffith. Rachel. Van Reenen. John. John Van Reenen (economist). Promoting R&D through tax incentives: an assessment of the arguments. Science in Parliament. 52. 1. January–February 1995.
- Griffith. Rachel. Blundell. Richard. Van Reenen. John. Richard Blundell. John Van Reenen (economist). Dynamic Count Data Models of Technological Innovation. The Economic Journal. 105. 429. 333–44. 10.2307/2235494. 2235494. March 1995. PDF
- Griffith. Rachel. Sandler. Daniel. Van Reenen. John. John Van Reenen (economist). Tax incentives for R&D. Fiscal Studies. 16. 2. 21–44. 10.1111/j.1475-5890.1995.tb00220.x. May 1995. 153466204 . PDF
- Griffith. Rachel. A Note on the Taxation of Capital Income in the Czech Republic and Poland. Fiscal Studies. 17. 3. 91–103. 10.1111/j.1475-5890.1996.tb00495.x. August 1996. PDF
- Griffith. Rachel. Devereux. Michael P.. Taxes and the location of production: evidence from a panel of US multinationals. Journal of Public Economics. 68. 3. 335–67. 10.1016/S0047-2727(98)00014-0. June 1998. 10.1.1.471.9505. PDF
- Griffith. Rachel. Using the ARD Establishment Level Data to Look at Foreign Ownership and Productivity in the United Kingdom. The Economic Journal . 109. 456. F416–F442. 10.1111/1468-0297.00443. 2566013. June 1999. PDF
- Griffith. Rachel. Blundell. Richard. Van Reenen. John. Richard Blundell. John Van Reenen (economist). Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms. The Review of Economic Studies. 66. 3. 529–54. 10.1111/1467-937X.00097. 2567013. July 1999. 10.1.1.319.1851. PDF
- Griffith. Rachel. Devereux. Michael P.. The impact of corporate taxation on the location of capital. Swedish Economic Policy Review. 9. 1. 79–102. 2000. PDF
- Griffith. Rachel. Bloom. Nicholas. 154758907. Nicholas Bloom. The Internationalisation of UK R&D. Fiscal Studies. 22. 3. 337–55. 10.1111/j.1475-5890.2001.tb00045.x. September 2001. PDF
- Griffith. Rachel. Redding. Stephen. Van Reenen. John. John Van Reenen (economist). Measuring the cost effectiveness of an R&D tax credit for the UK. Fiscal Studies. 22. 3. 375–99. 10.1111/j.1475-5890.2001.tb00047.x. September 2001. PDF
- Griffith. Rachel. Devereux. Michael P.. Klemm. Alexander. Corporate Income Tax Reforms and International Tax Competition. Economic Policy. 17. 35. 449–95. October 2002. 1344772. 10.1111/1468-0327.00094. PDF
- Griffith. Rachel. Blundell. Richard. Windmeijer. Frank. Richard Blundell. Individual effects and dynamics in count data models. Journal of Econometrics. 108. 1. 113–31. 10.1016/S0304-4076(01)00108-7. May 2002. PDF
- Griffith. Rachel. Bloom. Nicholas. Van Reenen. John. Nicholas Bloom. John Van Reenen (economist). Do R&D tax credits work? Evidence from a panel of countries 1979–1997. Journal of Public Economics. 85. 1. 1–31. 10.1016/S0047-2727(01)00086-X. July 2002. PDF
- Griffith. Rachel. Devereux. Michael P.. Evaluating Tax Policy for Location Decisions. International Tax and Public Finance. 10. 2. 107–26. 10.1023/A:1023364421914. March 2003. 14438966. PDF
- Griffith. Rachel. Redding. Stephen. Van Reenen. John. John Van Reenen (economist). R&D and Absorptive Capacity: Theory and Empirical Evidence. The Scandinavian Journal of Economics. 105. 1. 99–118. 10.1111/1467-9442.00007. 3440923. March 2003. PDF
- Griffith. Rachel. Aghion. Philippe. Blundell. Richard. Howitt. Peter. Prantl. Susanne. Philippe Aghion. Richard Blundell. Peter Howitt (economist). Entry and productivity growth: evidence from micro-level data. Journal of the European Economic Association . 2. 2–3. 265–76. 10.1162/154247604323067970. 40004902. April–May 2004. 7729165 . PDF
- Griffith. Rachel. Redding. Stephen. Simpson. Helen. Foreign ownership and productivity: new evidence from the service sector and the R&D lab. Oxford Review of Economic Policy. 20. 3. 440–56. 10.1093/oxrep/grh026. September 2004. PDF
- Griffith. Rachel. Devereux. Michael P.. Simpson. Helen. The geographic distribution of production activity in the UK. Regional Science and Urban Economics. 34. 5. 533–64. 10.1016/S0166-0462(03)00073-5. September 2004. PDF
- Griffith. Rachel. Redding. Stephen. Van Reenen. John. John Van Reenen (economist). Mapping the two faces of R&D: productivity growth in a panel of OECD industries. The Review of Economics and Statistics. 86. 4. 883–95. 10.1162/0034653043125194. 40042976. November 2004. PDF
- Griffith. Rachel. Devereux. Michael P.. Klemm. Alexander. Why has the UK corporation tax raised so much revenue?. Fiscal Studies. 25. 4. 367–88. 10.1111/j.1475-5890.2004.tb00543.x. December 2004. 10.1.1.527.7014. PDF
- Griffith. Rachel. Aghion. Philippe. Bloom. Nick. Blundell. Richard. Howitt. Peter. Philippe Aghion. Nicholas Bloom. Richard Blundell. Peter Howitt (economist). Competition and innovation: an inverted–U relationship. Quarterly Journal of Economics. 120. 2. 701–28. 10.1093/qje/120.2.701. 25098750. May 2005. PDF
The data used in this paper is available here.
- Griffith. Rachel. Harmgart. Heike. Retail productivity. The International Review of Retail, Distribution and Consumer Research . 15. 3. 281–90. 10.1080/09593960500119481. July 2005. 219640033. PDF
- Griffith. Rachel. Abramovsky. Laura. Outsourcing and offshoring of business services: how important is ICT?. Journal of the European Economic Association . 4. 2–3. 594–601. 10.1162/jeea.2006.4.2-3.594. 40005125. April–May 2006. PDF
- Griffith. Rachel. Aghion. Philippe. Howitt. Peter. Philippe Aghion. Peter Howitt (economist). Vertical integration and competition. The American Economic Review. 96. 2. 97–102. 10.1257/000282806777211595. 30034622. May 2006. 55233427 . PDF
- Griffith. Rachel. Aghion. Philippe. Howitt. Peter. Philippe Aghion. Peter Howitt (economist). U-shaped relationship between vertical integration and competition: theory and evidence. International Journal of Economic Theory. 2. 3–4. 351–63. 10.1111/j.1742-7363.2006.0040.x. September–December 2006. PDF
- Griffith. Rachel. Harrison. Rupert. Van Reenen. John. Rupert Harrison. John Van Reenen (economist). How special is the special relationship? Using the impact of US R&D spillovers on UK firms as a test of technology sourcing. The American Economic Review. 96. 5. 1859–75. 10.1257/aer.96.5.1859. 30035000. December 2006. PDF
The data used in this paper is available here
- Griffith. Rachel. Huergo. Elena. Mairesse. Jacques. Peters. Bettina. Innovation and productivity across four European countries. Oxford Review of Economic Policy . 22. 4. 483–98. 10.1093/oxrep/grj028. Winter 2006. 153560017. PDF
- Griffith. Rachel. Haskel. Jonathan. Neely. Andy. Why is productivity so dispersed?. Oxford Review of Economic Policy . 22. 4. 513–25. 10.1093/oxrep/grj030. Winter 2006. 1826/3304. free. PDF
- Griffith. Rachel. Harrison. Rupert. Macartney. Gareth. Rupert Harrison. Product market reforms, labour market institutions and unemployment. The Economic Journal . 117. 519. C142–66. 10.1111/j.1468-0297.2007.02039.x. 4625503. March 2007. 39370625. PDF
The data used in this paper is available here, the do file that recreates the main tables is here
- Griffith. Rachel. Devereux. Michael P.. Simpson. Helen. Firm location decisions, regional grants and agglomeration externalities. Journal of Public Economics. 91. 3–4. 413–35. 10.1016/j.jpubeco.2006.12.002. April 2007. PDF
- Griffith. Rachel. 9545709. Technology, productivity and public policy. Fiscal Studies. 28. 3. 273–91. 10.1111/j.1475-5890.2007.00057.x. September 2007. free. PDF
- Griffith. Rachel. Neely. Andrew. Performance pay and managerial experience in multi-task teams: evidence from within a firm. Journal of Labor Economics. 27. 1. 49–82. 10.1086/596324. 10.1086/596324. January 2009. 37351541. PDF
- Griffith. Rachel. Aghion. Philippe. Blundell. Richard. Howitt. Peter. Prantl. Susanne. Philippe Aghion. Richard Blundell. Peter Howitt (economist). The effects of entry on incumbent innovation and productivity. The Review of Economics and Statistics. 91. 1. 20–32. 10.1162/rest.91.1.20. 25651315. February 2009. 5159034. PDF
- Griffith. Rachel. Leibtag. Ephraim. Leicester. Andrew. Nevo. Aviv. Consumer shopping behavior: how much do consumers save?. Journal of Economic Perspectives. 23. 2. 99–120. 10.1257/jep.23.2.99. 27740526. Spring 2009. 10.1.1.645.8163. PDF
- Griffith. Rachel. Redding. Stephen. Simpson. Helen. 44249011. Technological catch-up and geographic proximity. Journal of Regional Science. 49. 4. 689–720. 10.1111/j.1467-9787.2009.00630.x. October 2009. PDF
- Griffith. Rachel. O'Connell. Martin. 154906742. The use of scanner data for research into nutrition. Fiscal Studies . 30. 3–4. 339–65. 10.1111/j.1475-5890.2009.00099.x. December 2009. free. PDF
- Griffith. Rachel. Harrison. Rupert. Simpson. Helen. Rupert Harrison. Product Market Reform and Innovation in the EU. The Scandinavian Journal of Economics. 112. 2. 389–415. 10.1111/j.1467-9442.2010.01602.x. 40783348. June 2010. 13857108. PDF
- Griffith. Rachel. Acemoğlu. Daron. Aghion. Philippe. Zilibotti. Fabrizio. Daron Acemoglu. Philippe Aghion. Fabrizio Zilibotti. Vertical integration and technology: theory and evidence. Journal of the European Economic Association. 8. 5. 989–1033. 10.1111/j.1542-4774.2010.tb00546.x. 25700913. September 2010. 1721.1/60334. free. PDF
- Griffith. Rachel. O'Connell. Martin. 154004128. Public policy towards food consumption. Fiscal Studies. 31. 4. 481–507. 10.1111/j.1475-5890.2010.00122.x. December 2010. PDF
- Griffith. Rachel. Lee. Sokbae. Van Reenen. John. John Van Reenen (economist). Is distance dying at last? Falling home bias in fixed effects models of patent citations. Quantitative Economics. 2. 2. 211–49. 10.3982/QE59. July 2011. free. PDF
- Griffith. Rachel. Nesheim. Lars. Hedonic methods for baskets of goods. Economics Letters. 120. 2. 284–87. 10.1016/j.econlet.2013.04.040. August 2013. free. PDF
- Griffith. Rachel. Macartney. Gareth. Employment protection legislation, multinational firms, and innovation. The Review of Economics and Statistics. 96. 1. 135–50. 10.1162/REST_a_00348. March 2014. 10.1.1.1028.6438. 51821278. PDF
The data and Stata do files used in this paper are available here
- Griffith. Rachel. Dubois. Pierre. Nevo. Aviv. Do prices and attributes explain international differences in food purchases?. The American Economic Review. 104. 3. 832–67. 10.1257/aer.104.3.832. March 2014. 10.1.1.725.1861. 2687358. PDF
- Griffith. Rachel. Miller. Helen. O'Connell. Martin. Ownership of intellectual property and corporate taxation. Journal of Public Economics. 112. 12–23. 10.1016/j.jpubeco.2014.01.009. April 2014. free. PDF
- Griffith. Rachel. O'Connell. Martin. Smith. Kate. Relative prices, consumer preferences, and the demand for food. Oxford Review of Economic Policy . 31. 1. 116–30. 10.1093/oxrep/grv004. Spring 2015. free. PDF
- Griffith, Rachel. “Shopping around: How Households Adjusted Food Spending over the Great Recession -.” The Institute for Fiscal Studies, 1 April 2016, ifs.org.uk/publications/8190.
- Griffith, Rachel. “The Importance of Product Reformulation versus Consumer Choice in Improving Diet Quality -.” The Institute for Fiscal Studies, 11 May 2016, ifs.org.uk/publications/8899.
- Abramovsky, Laura. “Domestic Effects of Offshoring High-Skilled Jobs: Complementarities in Knowledge Production -.” The Institute for Fiscal Studies, 19 June 2016, ifs.org.uk/publications/8334.
- Griffith, Rachel; Lührmann, Melanie; Lluberas, Rodrigo (June 2016). "Gluttony and sloth? Calories, labour market activity and the rise of obesity", forthcoming in Journal of the European Economic Association
- Griffith, Rachel. “Recombinant Innovation and the Boundaries of the Firm -.” The Institute for Fiscal Studies, 1 January 2017, ifs.org.uk/publications/8739.
- Dubois, Pierre & Griffith, Rachel & O'Connell, Martin, 2016. "The effects of banning advertising in junk food markets," CEPR Discussion Papers 11316, C.E.P.R. Discussion Papers.[25]
- Griffith, Rachel. “Income Effects and the Welfare Consequences of Tax in Differentiated Product Oligopoly -.” The Institute for Fiscal Studies, 17 November 2017, ifs.org.uk/publications/10158.
- Griffith, Rachel. “Corrective Taxation and Internalities from Food Consumption -.” The Institute for Fiscal Studies, 20 November 2017, ifs.org.uk/publications/10165.
- Griffith, Rachel. “Getting a Healthy Start: The Effectiveness of Targeted -.” The Institute for Fiscal Studies, 1 March 2018, ifs.org.uk/publications/14043.
- Griffith, Rachel. “Why Do Retailers Advertise Store Brands Differently across Product Categories? -.” The Institute for Fiscal Studies, 22 March 2019, ifs.org.uk/publications/14081.
- Griffith, Rachel. “Tax Design in the Alcohol Market -.” The Institute for Fiscal Studies, 1 April 2019, ifs.org.uk/publications/13826.
- Dias, Monica Costa. “Getting People Back into Work -.” The Institute for Fiscal Studies, 11 May 2020, ifs.org.uk/publications/14851.
- Griffith, Rachel. “What’s on the Menu? Policies to Reduce Young People’s Sugar Consumption -.” The Institute for Fiscal Studies, 21 May 2020, ifs.org.uk/publications/15805.
- Cherchye, Laurens. “A New Year, a New You? Within-Individual Variation in Food Purchases -.” The Institute for Fiscal Studies, 1 June 2020, ifs.org.uk/publications/14866.
- Griffith, Rachel. “The Impact of COVID‐19 on Share Prices in the UK -.” The Institute for Fiscal Studies, 1 June 2020, ifs.org.uk/publications/15034.
- Blundell, Richard. “Could COVID‐19 Infect the Consumer Prices Index? -.” The Institute for Fiscal Studies, 3 June 2020, ifs.org.uk/publications/15033.
- Dubois, Pierre. “How Well Targeted Are Soda Taxes? -.” The Institute for Fiscal Studies, 6 August 2020, ifs.org.uk/publications/14972.
External links
Notes and References
- Book: Griffith, Rachel. Curriculum vitae: Rachel Griffith, FBA. University of Manchester. 15 January 2016.
- Web site: Griffith's profile. manchester.ac.uk. University of Manchester. 15 January 2016.
- Web site: Staff. Orazio Attanasio and Rachel Griffith appointed as IFS Research Directors. ifs.org.uk. Institute for Fiscal Studies. 6 January 2016. 15 January 2016.
- Web site: Former presidents: 1986 onwards. eeassoc.org. European Economic Association (EEA). 15 January 2016.
- Web site: Griffith. Rachel. European Economic Association Newsletter. eeassoc.org. European Economic Association (EEA). 15 January 2016.
- Web site: Staff. Accolade for top female economist. manchester.ac.uk. University of Manchester. 8 April 2014. 15 January 2016.
- Web site: The Economic Journal: editorial information. res.org.uk. Royal Economic Society. 15 January 2016.
- PhD. Griffith. Rachel. 1999. Taxes, the location of multinationals and productivity: an empirical analysis using panel data. University of Keele. 556724027.
- Web site: Rachel Griffith to be the new President-elect of the Royal Economic Society. 10 April 2018. www.ifs.org.uk. Institute for Fiscal Studies.
- Web site: Rachel Griffith biography . University of Manchester . 4 March 2019.
- Web site: Staff. 30th Annual Congress of the European Economic Association, University of Mannheim, 24–27 August 2015: plenary sessions. eeassoc.org. European Economic Association (EEA). 15 January 2016.
- Book: Griffith, Rachel. Gluttony and Sloth? August 2015, presentation notes. pdf. University of Manchester. August 2015. 15 January 2016.
- Griffith. Rachel. O'Connell. Martin. Smith. Kate. Relative prices, consumer preferences, and the demand for food. Oxford Review of Economic Policy . 31. 1. 116–30. 10.1093/oxrep/grv004. Spring 2015. free. via PDF
- News: Staff. Tax 'should be paid where products sold'. BBC business news. BBC. 23 November 2015. 15 January 2016.
- Book: Griffith, Rachel. Royal Economic Society Public Lecture 2015, presentation notes. University of Manchester. 24 November 2015. 15 January 2016.
- Web site: Griffith. Rachel. Royal Economic Society Public Lecture 2015. Royal Economic Society via WaveCast. 24 November 2015. 15 January 2016.
- Auerbach. Alan J.. Devereux. Michael P.. Consumption and cash-flow taxes in an international setting . NBER Working Paper No. 19579 . 2345073. October 2013 . 10.3386/w19579 . free. Oxford University Centre for Business Taxation WP 13/11 PDF
- Devereux. Michael P.. Vella. John. Are we heading towards a corporate tax system fit for the 21st century?. Fiscal Studies . 35. 4. 449–75. 10.1111/j.1475-5890.2014.12038.x. 2532933. December 2014 . 152673546. PDF
- Griffith. Rachel. Miller. Helen. O'Connell. Martin. Ownership of intellectual property and corporate taxation. Journal of Public Economics. 112. 12–23. 10.1016/j.jpubeco.2014.01.009. April 2014. free.
- Web site: Professor Rachel Griffith profile. britac.ac.uk. British Academy. 15 January 2016.
- Web site: Staff. Rachel Griffith wins 2014 Birgit Grodal Award. cepr.org. Centre for Economic Policy Research. 21 April 2014. 15 January 2016.
- Web site: 2016 Election of Fellows The Econometric Society. www.econometricsociety.org. 2016-11-09.
- Web site: Sixty-nine leading social scientists conferred as Fellows of the Academy of Social Sciences . www.acss.org.uk . 15 February 2020 . 16 December 2019 . https://web.archive.org/web/20191216173019/https://www.acss.org.uk/news/sixty-nine-leading-social-scientists-conferred-fellows-academy-social-sciences/ . dead .
- Web site: Rachel Griffith to be the new President-elect of the Royal Economic Society -. www.ifs.org.uk. 2019-03-04.
- Web site: Rachel Griffith IDEAS/RePEc. 2019-03-04. ideas.repec.org.