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This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth.  A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10005090663
This paper considers the accuracy of traditional TFP growth estimates using a methodology that takes account of scale economies, fixed factors of production and adjustment costs to reveal underlying 'pure technological change'. The results suggest that these biases vary substantially over time...
Persistent link: https://www.econbiz.de/10005099493
Persistent link: https://www.econbiz.de/10005104955
The paper builds on a method proposed by Geary and Stark for estimating regional incomes in Victorian Britain. This is modified by using tax data to allocate non-wage income across regions. The results suggest that the coefficient of variation of regional GDP per head was rising rapidly prior to...
Persistent link: https://www.econbiz.de/10005686831
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
Data from the 1911 Census of England and Wales are examined for evidence of family limitation early in marriage. It is shown that a substantial number of couples used birth control for 'spacing' as well as 'stopping' fertility. Moreover 'spacing' of births appears to have been more widespread in...
Persistent link: https://www.econbiz.de/10005504562
Persistent link: https://www.econbiz.de/10005542984
This article reviews Britain’s experience of economic growth in the twentieth century. It argues that average living standards have risen much more rapidly than is generally appreciated. The main reasons for this include increased life expectancy which is highly valued by the public and...
Persistent link: https://www.econbiz.de/10005548647
Persistent link: https://www.econbiz.de/10005406811
The paper reviews recent attempts to quantify the British industrial revolution. It concludes that the episode was one of rapid industrialization but modest growth. To a considerable extent this is explained by the early adoption of capitalist farming and the weak impact of steam on productivity...
Persistent link: https://www.econbiz.de/10005737279