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British Economic Growth Before and After 1979: A Review of the Evidence
Crafts, Nicholas - C.E.P.R. Discussion Papers - 1988
leading to poor productivity performance are the most plausible explanation of Britain's relative decline. It is argued both …
Persistent link: https://www.econbiz.de/10005791602
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British Relative Economic Decline Revisited
Crafts, Nicholas - C.E.P.R. Discussion Papers - 2011
This paper examines the role of competition in productivity perfromance in Britain over the period from the late … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in … ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from …
Persistent link: https://www.econbiz.de/10009024927
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The Implications of British Macroeconomic Policy in the 1930s for Long Run Growth Performance
Broadberry, Stephen N; Crafts, Nicholas - C.E.P.R. Discussion Papers - 1990
unemployment this made sense. A bargaining model approach suggests, however, that this had a harmful impact on productivity growth …
Persistent link: https://www.econbiz.de/10005667002
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Europe's Golden Age: An Econometric Investigation of Changing Trend Rates of Growth
Crafts, Nicholas; Mills, Terence C - C.E.P.R. Discussion Papers - 1995
This paper examines growth in output per person in 17 OECD countries from the late nineteenth century to 1989 considering the possibility of several breaks in trend. In all cases the unit root hypothesis is rejected in favour of a segmented trend stationary alternative. 1951-73 is shown to be an...
Persistent link: https://www.econbiz.de/10005497870
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Endogenous Growth: Lessons for and from Economic History
Crafts, Nicholas - C.E.P.R. Discussion Papers - 1996
, notably, into establishing the magnitude and sources of total factor productivity growth. …
Persistent link: https://www.econbiz.de/10005667114
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The Golden Age of Economic Growth: Why Did Northern Ireland Miss Out?
Crafts, Nicholas - C.E.P.R. Discussion Papers - 1995
In this paper we examine the persistent effects of past wages of displaced workers on the probability of finding a new job and on wages in the new job. We use a new database looking at the post-displacement experience of a sample of Belgian workers who have lost their jobs because of a sizeable...
Persistent link: https://www.econbiz.de/10005792151
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British Economic Growth Since 1945: Relative Economic Decline .... and Renaissance?
Bean, Charles R; Crafts, Nicholas - C.E.P.R. Discussion Papers - 1995
The paper contains a thorough review of explanations for the weak British growth performance of the 1950s through the 1970s and an assessment of the long-term implications of the 1980s attempt to escape from relative decline. The analysis draws on recent work in growth theory and places...
Persistent link: https://www.econbiz.de/10005792362
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Post-war Growth: An Overview
Crafts, Nicholas; Toniolo, Gianni - C.E.P.R. Discussion Papers - 1995
The paper comprises a thorough survey of the literature on growth in Western Europe since 1950. This experience is put in the context both of long-run historical trends and the ideas emanating from recent work in growth economics. The exceptional nature of the Golden Age (c.1950-73) is confirmed...
Persistent link: https://www.econbiz.de/10005661688