Comparative Productivity in British and German Industry 1907-37
AbstractUsing data on physical output per worker for twenty-three industries, it is shown that contrary to popular belief, German industry had not forged ahead of Britain by the 1930s. The pattern of Britain's comparative advantage is reflected in the fact that, although German productivity was substantially higher in heavy industry, British productivity was above German levels in light industry. Relative plant size is shown to be the most important approximate determinant of German/U.K. productivity levels. It is argued that cartelization was important in explaining the failure of Britain and Germany to close the productivity gap with the United States. Copyright 1990 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 52 (1990)
Issue (Month): 4 (Special Issue, November)
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- Claire Giordano & Ferdinando Giugliano, 2012. "A Tale of Two Fascisms: Labour Productivity Growth and Competition Policy in Italy, 1911-1951," Quaderni di storia economica (Economic History Working Papers) 28, Bank of Italy, Economic Research and International Relations Area.
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