In remarks issued before his speech to the Falkirk Annual Business Panel today, the head of group economics at Royal Bank of Scotland, Stephen Boyle, also said it was "not only a recent phenomenon" for Scotland to perform better than the UK.
Mr Boyle said: "The nation's performance has improved over a longer period of time compared to the UK as a whole. There could be a host of reasons for that, but there is a strong indication that the country has been benefiting from investing in people over many years.
"Scotland is reaping the benefits of education and training in schools, colleges, universities and workplaces. This can be seen in the qualification levels of the Scottish workforce which are better, on average, than in the rest of the UK."
Mr Boyle highlighted the decision to bring forward capital spending and the importance of the oil and gas sector to the recovery in Scotland. He said: "In terms of the road to recovery from the recession, the indicators are encouraging. The UK economy grew strongly in the first half of the year, however Scotland's growth was probably stronger. And our recession, tough as it was, was not as bad as in the rest of the UK.
"The decision to bring forward capital spending cushioned the downturn and in the recovery, much of the growth is associated with businesses that supply goods and services to the offshore oil and gas sector."