Showing 771 - 780 of 840
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
The relationship between unemployment and the rate of change of money wages in interwar Britain is re-examined. It is argued that improved estimates of the wage equation can be obtained by taking account explicitly of factors which change the level of excess demand associated with the measured...
Persistent link: https://www.econbiz.de/10005067347
The Paper considers the accuracy of traditional TFP growth estimates using an econometric methodology which 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...
Persistent link: https://www.econbiz.de/10005067403
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
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