Professor Diane Coyle

Bennett Professor of Public Policy and Co-Director of the Bennett Institute for Public Policy

Professor Coyle co-directs the Bennett Institute with Professor Kenny. She is heading research under the progress and productivity themes.

Biography

Professor Dame Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. Diane co-directs the Bennett Institute where she heads research under the themes of progress and productivity.

Diane is also a Director of the Productivity Institute, a Fellow of the Office for National Statistics, an expert adviser to the National Infrastructure Commission, an academic adviser to the Competitions & Markets Authority, and a member of the UN Department of Economic & Social Affairs High-Level Advisory Board. She has served in public service roles including as Vice Chair of the BBC Trust, and member of the Competition Commission, the Migration Advisory Committee, the Natural Capital Committee, and the National Statistician’s Expert User Advisory Group.

Diane has authored over 200 articles and 10 books – her latest being “Cogs and Monsters: What Economics Is, and What It Should Be” (Princeton University Press, 2021), and her forthcoming is “The Measure of Progress: Counting What Really Matters” (Princeton University Press, Spring 2025).

Diane was Professor of Economics at the University of Manchester until March 2018 and was awarded a DBE in the King’s Birthday Honours List 2023 for her invaluable contributions to economic policy and practice, as well as her unwavering commitment to public service.

Please click HERE for Diane’s full C.V.

Research Interests

Economic statistics and the digital economy: lead researcher on the Measuring the Modern Economy programme at the Economic Statistics Centre of Excellence.

Competition policy and digital markets. Economics of new technologies.

Natural capital; infrastructure.

Key Publications

Key Books

The Measure of Progress: Counting What Really Matters, Princeton University Press, forthcoming Spring 2025.

Cogs and Monsters: What Economics Is, and What It Should Be, Princeton University Press, October 2021

Markets, State, and People: Economics for Public Policy, Princeton University Press, January 2020.

GDP: A Brief but Affectionate History, March 2014, Princeton University Press, revised edition 2015.

The Economics of Enough, Princeton University Press, March 2011.

The Soulful Science, Princeton University Press, March 2007, revised edition 2010.

The Weightless World, Capstone, November 1997 (MIT Press, Fall 1998).

Recent Papers

2024

Recent Trends in Firm-Level Total Factor Productivity in the United Kingdom: New Measures, New Puzzles (with Iannis Bournakis, John McHale and Jen-Chung Mei), accepted Economica.

Coyle, D. (2024), The Governance of the BBC. The Political Quarterly, 95: 20-24. https://doi.org/10.1111/1467-923X.13382

Old Wine in New Digital Bottles, accepted Review of Income and Wealth, 2024, forthcoming.

2023

Is it time to reboot welfare economics? Overview, Coyle, D., Fabian, M., Beinhocker, E., Besley, T. & Stevens, M. (2023). Fiscal Studies, 44, 109–121. https://doi.org/10.1111/1475-5890.12334

Economic Progress and Adam Smith’s Dilemma. National Institute Economic Review, 1-7. doi:10.1017/nie.2023.21

21st century progress in computing, (with Lucy Hampton) Telecommunications Policy, 2023, 102649, https://doi.org/10.1016/j.telpol.2023.102649

Assessing policy co-ordination in government: text and network analysis of the UK’s economic strategies (with Adam Muhtar), European Journal of Political Economy, 2023. https://doi.org/10.1016/j.ejpoleco.2023.102402

Levelling Up Policies & the Failure to Learn (with Adam Muhtar), Contemporary Social Science, 2023. DOI: 10.1080/21582041.2023.2197877

Free Goods and Aggregate Economic Measurement (with David Nguyen), Economie & Statistique. June 2023

What is the value of data? A review of empirical methods. (with Annabel Manley), (2023). Journal of Economic Surveys, 00, 1–21

Crisis and state transformation: Covid-19, levelling-up and the UK’s Incoherent State (with David Richards, Sam Warner, Martin Smith), Cambridge Journal of Regions, Economy and Society, Volume 16, Issue 1, March 2023, Pages 31–48.

Diagnosing the UK Productivity Slowdown: Which Sectors Matter and Why? (with Jen-Chung Mei), Economica, January 2023; 1- 38. https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecca.12459

From Covid19 to green recovery with natural capital accounting (with Michael Vardon & others), Ambio, 2023-01.

2022

Time Use, Wellbeing and Productivity (with Leonard Nakamura), International Productivity Monitor, July 2022, 1-22.

Respecting the subject in wellbeing public policy: beyond the social planner perspective, (with Mark Fabian, Anna Alexandrova, Matthew Agarwala & Marco Felici (2022) Journal of European Public Policy, DOI: 10.1080/13501763.2022.2093947

Telecoms Deflators: A Story of Volume and revenue Weights. (with Abdirahman, M., Heys, R. & Stewart, W.) Economie et Statistique / Economics and Statistics, 2022, 530-31, 43–59. doii: 10.24187/ecstat.2022.530.2063

Socializing Data, Daedalus, 151 (2) Spring 2022 pp 348-359  https://www.amacad.org/publication/socializing-data

Shaping successful mega-project investments, Oxford Review of Economic Policy, Volume 38, Issue 5, Spring 2022.

The State and the Market, Concurrences: revue des droits de la concurrence, 2022, Vol 1, pp5-9.

The Public Option, Philosophy, Royal Institute of Philosophy Supplement, 2022, 91, 39-52. doi:10.1017/S1358246121000394

2021

Capitalism: What Has Gone Wrong? (with Paul Collier, Colin Mayer & Martin Wolf), Oxford Review of Economic Policy, Volume 37, Issue 4, Winter 2021, Pages 637–649, https://doi.org/10.1093/oxrep/grab035

Productivity in UK Healthcare During and After the Covid19 Pandemic (with Kaya Dreesbeimdiek and Annabel Manley), National Institute Economic Review, 2021 258, 90-116. doi:10.1017/nie.2021.25

English Devolution and the Covid-19 Pandemic: Governing Dilemmas in the Shadow of the Treasury (with Sam Warner, Dave Richards & Martin Smith) The Political Quarterly, (2021) 92: 321-330. https://doi.org/10.1111/1467-923X.12989

To Them That Hath: Economic Complexity and Local Industrial Strategy in the UK (with Penny Mealy), International Tax and Public Finance, 2021. vol. 29(2), pages 358-377, April. DOI :10.1007/s10797-021-09667-0

‘Explaining’ machine learning reveals policy challenges (with Adrian Weller), Science, 26 June 2020, Vol. 368, Issue 6498, pp. 1433-1434  (Summary / Reprint  / Full text)

No plant, no problem? Factoryless manufacturing, economic measurement and national manufacturing policies (with David Nguyen), Review of International Political Economy, online June 2020 DOI: 10.1080/09692290.2020.1778502

Economists, Collaborate, Nature 582, 9 (2020); doi: 10.1038/d41586-020-01505-3

Practical Competition Policy Tools for Digital Platforms, Antitrust Law Journal, 82-3, pp835-860, 2019

The Imperial Treasury: appraisal methodology and regional economic performance in the UK (with Marianne Sensier), Regional Studies, May 2019. doi: 10.1080/00343404.2019.1606419

Homo Economicus, AIs, humans and rats: decision-making and economic welfare, Journal of Economic Methodology, 2019, 26:1, 2-12. doi: 10.1080/1350178X.2018.1527135

Do‐it‐yourself Digital: the Production Boundary, the Productivity Puzzle and Economic Welfare. Economica 2019, vol. 86(344), pages 750-774..doi 10.1111/ecca.12289

The Future of the National Accounts: Statistics and the Democratic Conversation, Review of Income and Wealth, 63: S223-S237, December 2017

Precarious and Productive Work in the Digital Economy, National Institute Economic Review, 240(1), R5–R14, May 2017.

Modernising Economic Statistics: why it matters, National Institute Economic Review, 234(1), F4–F7, November 2015

Related projects

The Value of Data – policy implications. Main report. February 2020. (In partnership with the ODI and funded by the Nuffield Foundation.)

The Value of Data. How is the value of data created, captired and distributed? Summary report. February 2020. (In partnership with the ODI and funded by the Nuffield Foundation.)

Valuing Wealth, Building Prosperity. The Wealth Economy Project on Natural and Social Capital, One Year Report, 2020. Funded by LetterOne

Measuring wealth,delivering prosperity The Wealth Economy Project on Natural and Social Capital, Interim Report for LetterOne, 2019

Heads up Measuring Wellbeing, funded by the Economic and Social Research Council and the Arts and Humanities Research Council.

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