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This paper provides estimates of Indian GDP constructed from the output side for the pre-1871 period, and combines them with population estimates to track changes in living standards. Indian per capita GDP declined steadily between 1600 and 1871. As British living standards increased from the...
Persistent link: https://www.econbiz.de/10008642893
Japanese GDP per capita grew at an annual rate of 0.04 per cent between 725 and 1874, but the growth was episodic, with the increase in per capita income concentrated in three periods, 1150-1280, 1450-1600 and after 1730, interspersed with periods of stable per capita income. There is a...
Persistent link: https://www.econbiz.de/10011272718
acceleration, comparison with the United States suggests that catching-up only really started after 1950, due to the unusually … dynamic performance of the US economy before 1950. A comparison with the United Kingdom, still the world productivity leader … Japanese manufacturing, which is also obscured by a comparison with the United States. Japan overtook the UK as a major …
Persistent link: https://www.econbiz.de/10011272720
A number of writers have recently questioned whether labour productivity or per capita incomes were ever higher in the United Kingdom than in the United States. We show that although the United States already had a substantial labour productivity lead in industry as early as 1840, especially in...
Persistent link: https://www.econbiz.de/10005661647