Maddison, Angus - In: Banca Nazionale del Lavoro Quarterly Review 32 (1979) 128, pp. 3-43
The paper analyses the developments in labour productivity over the past century and examines the factors which explain variations in its pace of growth. The author distinguishes four main phases: 1870-1913, 1913-50, 1950-70 and the 1970s. The main question at hand is why the postwar record has...