Showing 1 - 10 of 10
This paper examines Gibrat’s law in England and Wales between 1801 and 1911 using a unique data set covering the entire settlement size distribution. We find that Gibrat’s law broadly holds even in the face of population doubling every fifty years, an industrial and transport revolution, and...
Persistent link: https://www.econbiz.de/10010928845
This paper examines major privately-owned British railway companies before World War I. Quantitative evidence is presented on return on capital employed, total factor productivity growth, cost inefficiency, and speed of passenger services. There were discrepancies in performance across companies...
Persistent link: https://www.econbiz.de/10005870385
This paper examines major privately-owned British railway companies before World War I. Quantitative evidence is presented on return on capital employed, total factor productivity growth, cost inefficiency, and speed of passenger services. There were discrepancies in performance across companies...
Persistent link: https://www.econbiz.de/10010928853
This paper uses new micro-level US data to re-examine productivity leadership in cotton spinning c. 1900. We find that output aggregation problems make the Census unreliable in this industry, and that Lancashire, not New England was the productivity leader for almost every type of yarn. This is...
Persistent link: https://www.econbiz.de/10010928866
Using a new source of evidence we explore the geographical mobility of mid-nineteenth century seamen. Among seamen born outside London, the tall, the literate and those who could remember the exact day, month and year when they were born - characteristics that we suggest mark them out as men...
Persistent link: https://www.econbiz.de/10010746800
This paper reassesses and extends Hawke’s passenger railway social savings for England and Wales. Better estimates of coach costs and evidence that third class passengers would otherwise have walked reduce Hawke’s social savings by two-thirds. We calculate railway speeds, and the amount and...
Persistent link: https://www.econbiz.de/10010746821
In an influential article Saxonhouse and Wright argued that the quality of local cotton was the single most important factor in explaining national preferences for ring or mule spinning. For Britain, they argue that mills using more flexible mule spindles could exploit arbitrage opportunities...
Persistent link: https://www.econbiz.de/10010746846
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...
Persistent link: https://www.econbiz.de/10010746876
This paper re-examines theories previously advanced to explain Lancashire’s slow adoption of ring spinning. New cost estimates show that although additional transport costs and technical complementarities between certain types of machine reduced ring adoption rates, these supply side...
Persistent link: https://www.econbiz.de/10010746889
This is a revised version of a previous working paper, of the same name, which incorporates corrections to errors in our estimates of TFP growth. This paper examines major privately-owned British railway companies before World War I. Quantitative evidence is presented on return on capital...
Persistent link: https://www.econbiz.de/10010746891