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How did the United States and Germany overtake Britain? A sectoral analysis of comparative productivity levels, 1870-1990

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UNSPECIFIED (1998) How did the United States and Germany overtake Britain? A sectoral analysis of comparative productivity levels, 1870-1990. JOURNAL OF ECONOMIC HISTORY, 58 (2). pp. 375-407. ISSN 0022-0507

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Abstract

A sectoral analysis of comparative labor productivity levels over the period 1870 to 1990 suggests mechanisms of catching-up and forging ahead that are rather different from those found in the conventional literature. Both Germany and the United States caught up with and overtook Britain in terms of aggregate labor productivity largely by shifting resources out of agriculture and improving their relative productivity position in services rather than by improving their position in manufacturing. Although capital played some role, the changes in comparative labor productivity also reflected changes in comparative total factor productivity, related to technology and organization.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
D History General and Old World
H Social Sciences
Journal or Publication Title: JOURNAL OF ECONOMIC HISTORY
Publisher: CAMBRIDGE UNIV PRESS
ISSN: 0022-0507
Date: June 1998
Volume: 58
Number: 2
Number of Pages: 33
Page Range: pp. 375-407
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/15636

Data sourced from Thomson Reuters' Web of Knowledge

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