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[...]The loss of manufacturing jobs has created a widespreadsense that manufacturing in New York City has nofuture, that the decline is unstoppable and “largely inevitableand foreordained” (Fitch 1993, p. 107). Even theoptimistic report of the Commission on the Year 2000,New York Ascendant,...
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prices, capital flows, and aggregate production. This paper studies howthe adjustment to capital account liberalization …
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When taking into account time, services can experience similar productivity gains as manufacturing. Motion pictures constituted the first technology that industrialized a labour-intensive service. Measuring output in time spent consuming them doubles output growth from 4.2 to as much as 9...
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benchmark is consistent with their 1907 benchmark, provided that a traditional but disputed industrial production series of … Germany’s industrial production series. I also calculate a revised 1907 productivity benchmark. Both the revised extrapolation …
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(‘taste’). These findings suggest a strong UK comparative advantage in live entertainment production. Using informal …
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transition from feudal to capitalist modes of production, still carries considerable weight among like-minded historians.[...] …
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New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
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