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A perspective on UK productivity performance
Crafts, Nicholas; O'Mahony, Mary - In: Fiscal Studies 22 (2001) 3, pp. 271-306
The paper reviews recent UK productivity performance using insights from new growth economics and its embodiment in … growth accounting techniques. The sources of the UK labour productivity gap are found to differ across countries; broad …
Persistent link: https://www.econbiz.de/10005811292
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European Economic Growth, 1950-2005: An Overview
Crafts, Nicholas; Toniolo, Gianni - C.E.P.R. Discussion Papers - 2008
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329
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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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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
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British relative economic decline revisited: The role of competition
Crafts, Nicholas - In: Explorations in Economic History 49 (2012) 1, pp. 17-29
This paper examines the role of competition in British productivity performance 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/10010582576
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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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Chapter 6. Twentieth Century Growth
Crafts, Nicholas; O’Rourke, Kevin Hjortshøj - 2014
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/10014025605
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Precocious British industrialization: a general equilibrium perspective
Crafts, Nicholas; Knick Harley, C. - Department of Economic History, London School of … - 2002
Persistent link: https://www.econbiz.de/10010884762