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levels of living standards, measured as output per capita, and productivity (output per worker) for the 1995-97 period, the … living standards and productivity and that the productivity gap is the main factor behind the living standard gap. …
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This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...
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