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In analyses of British productivity performance in the 1930s, we have argued that the policy framework adopted in response to macroeconomic shocks was understandable and quite effective in ameliorating short-term adjustment problems but harmful in terms of its long-run supply side implications...
Persistent link: https://www.econbiz.de/10005016974
This paper argues that a geographical perspectie is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and location matter. The tools of the new economic geography are...
Persistent link: https://www.econbiz.de/10005017193
The paper sets out estimates for various aspects of well-being during British industrialisation. Judgements about changes in living standards are shown to be sensitive to weighting procedures. It is argued that recent participants in the famous standards of living controversy have assigned undue...
Persistent link: https://www.econbiz.de/10005017201