that the shock to cotton textiles was transmitted to other local firms, leading to increased bankruptcies and long …-specific shock to the British cotton textile industry caused by the U.S. Civil War (1861-1865), which dramatically reduced supplies … of raw cotton. Because the British cotton textile industry was heavily concentrated in towns in Northwest England, I …

international competition, each industry has evolved in its own way. In textiles, there has been tremendous capitalization. In … apparel, the organization of production has changed. In both cases, industry productivity has increased markedly, and this is …

estimates. To assess the importance of these assumptions, we examine two natural experiments: the recession in cotton textile … adjusting for migration, we find that mortality increased during the cotton recession, but was largely unaffected by the coal …

efficiency. First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when …

which the US overtakes Britain in productivity leadership, the US does not have the overwhelming lead in market potential …

Most recently (in 2006), before the current financial world crisis, hourly labor productivity levels were slightly …The past 120 years have been characterized by: (i) rapid economic growth and large productivity gains in all four … countries; (ii) a long decline of productivity in the United Kingdom relative to the United States, and to a lesser extent also …

The United States produced about 80 percent of the world's cotton in the decades prior to the Civil War. How much … monopoly power did the United States possess in the world cotton market and what would have been the effect of an optimal … export tax? This paper estimates the elasticity of foreign demand for U.S. cotton exports and uses the elasticity in a simple …

and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study … economic growth in the 1980s. Our empirical results indicate that productivity was significantly enhanced by the recent …