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Understanding productivity growth in the industrial revolution
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Crafts, N. F. R. (2021) Understanding productivity growth in the industrial revolution. Economic History Review, 74 (2). pp. 309-338. doi:10.1111/ehr.13051 ISSN 0013-0117.
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Official URL: https://doi.org/10.1111/ehr.13051
Abstract
Recent research relating to productivity growth during the British industrial revolution is reviewed. This confirms that there was a gradual acceleration rather than a ‘take‐off’. The explanation for the speeding‐up of technological progress remains controversial but the evidence base has improved considerably. In the face of a surge in population growth, slow growth of real wages during the industrial revolution may be seen as a good outcome which was underpinned by improved growth potential. Slow total factor productivity growth from the 1870s suggests that British technological capabilities at the end of the industrial revolution were still quite limited.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
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Divisions: | Faculty of Social Sciences > Economics | ||||||||
Library of Congress Subject Headings (LCSH): | Industrial revolution , Industrial revolution -- Great Britain, Industrial productivity , Industrial productivity -- Great Britain, Great Britain -- Economic conditions | ||||||||
Journal or Publication Title: | Economic History Review | ||||||||
Publisher: | Blackwell | ||||||||
ISSN: | 0013-0117 | ||||||||
Official Date: | May 2021 | ||||||||
Dates: |
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Volume: | 74 | ||||||||
Number: | 2 | ||||||||
Page Range: | pp. 309-338 | ||||||||
DOI: | 10.1111/ehr.13051 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Reuse Statement (publisher, data, author rights): | "This is the peer reviewed version of the following article: Crafts, N. (2021), Understanding productivity growth in the industrial revolution†. The Economic History Review., which has been published in final form at https://doi.org/10.1111/ehr.13051. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions." | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Copyright Holders: | © Economic History Society 2021 | ||||||||
Description: | Free access from publisher |
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Date of first compliant deposit: | 9 November 2020 | ||||||||
Date of first compliant Open Access: | 27 January 2023 | ||||||||
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