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The long run growth and productivity performance of the United Kingdom
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UNSPECIFIED (1997) The long run growth and productivity performance of the United Kingdom. SCOTTISH JOURNAL OF POLITICAL ECONOMY, 44 (4). pp. 403-424. ISSN 0036-9292.
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Abstract
This paper examines Britain's long run growth and productivity performance since the late nineteenth century, taking an international comparative perspective and disaggregating by sector. Britain was richer than the United States and Germany in 1870 largely because of high levels of labour productivity in services and agriculture rather than in industry, together with a highly favourable structure, particularly a small share of the labour force in agriculture. By 1990, the productivity gap in manufacturing had not grown bigger. Rather, the deterioration in Britain's overall comparative labour productivity position has been concentrated in services and agriculture, together with the effects of structural change, particularly the later shift of labour out of agriculture in the United States and Germany.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions J Political Science > JA Political science (General) |
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| Journal or Publication Title: | SCOTTISH JOURNAL OF POLITICAL ECONOMY | ||||
| Publisher: | BLACKWELL PUBL LTD | ||||
| ISSN: | 0036-9292 | ||||
| Official Date: | September 1997 | ||||
| Dates: |
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| Volume: | 44 | ||||
| Number: | 4 | ||||
| Number of Pages: | 22 | ||||
| Page Range: | pp. 403-424 | ||||
| Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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