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Explaining Anglo-German productivity differences in services since 1870
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Broadberry, Stephen (2004) Explaining Anglo-German productivity differences in services since 1870. European Review of Economic History, Vol.8 (No.3). pp. 229-262. doi:10.1017/S1361491604001200 ISSN 1361-4916.
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Official URL: http://dx.doi.org/10.1017/S1361491604001200
Abstract
Germany overtook Britain in comparative productivity levels for the whole economy primarily as a result of trends in services rather than trends in industry. Britain's productivity lead in services before World War II reflected external economies of scale in a highly urbanised economy with an international orientation. Low productivity in Germany reflected the underdevelopment of services in an economy that was slow to move out of agriculture. As German agricultural employment contracted sharply from the 1950s, catching-up occurred in services. This was aided by a sharp increase in human and physical capital accumulation, underpinned by the institutional framework of the postwar settlement.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions D History General and Old World > DD Germany D History General and Old World > DA Great Britain |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Industrial productivity -- Great Britain, Industrial productivity -- Germany, Production (Economic theory), Great Britain -- Economic conditions -- 20th century, Germany -- Economic conditions -- 20th century | ||||
Journal or Publication Title: | European Review of Economic History | ||||
Publisher: | Cambridge University Press | ||||
ISSN: | 1361-4916 | ||||
Official Date: | December 2004 | ||||
Dates: |
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Volume: | Vol.8 | ||||
Number: | No.3 | ||||
Page Range: | pp. 229-262 | ||||
DOI: | 10.1017/S1361491604001200 | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) |
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