Paper #495
- Título:
- Factor prices and productivity growth during the British Industrial Revolution
- Autores:
- Pol Antràs y Hans Joachim Voth
- Fecha:
- Octubre 2000
- Resumen:
- This paper presents new estimates of total factor productivity growth in Britain for the period 1770�1860. We use the dual technique and argue that the estimates we derive from factor prices are of similar quality to quantity-based calculations. Our results provide further evidence, calculated on the basis of an independent set of sources, that productivity growth during the British Industrial Revolution was relatively slow. The Crafts�Harley view of the Industrial Revolution is thus reinforced. Our preferred estimates suggest a modest acceleration after 1800.
- Palabras clave:
- British industrial revolution, productivity growth, dual measurement of productivity
- Códigos JEL:
- N13, O47, O52
- Área de investigación:
- História Económica y de la Empresa
- Publicado en:
- Explorations in Economic History, January 2003, 40 (1), pp. 52-77
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