Relative U.K./U.S. Output Reconsidered: A Reply to Professor Broadberry
AbstractIn the September 2003 issue of this JOURNAL, we provided benchmark comparisons of U.K. U.S. income from 1870 to 1990. In contrast to long-span projections from Angus Maddison and others, our estimates show the United States leading from 1870 in terms of income per capita and output per worker. In a 12-page comment that accompanies our article, Professor Stephen Broadberry criticizes our work on three grounds. First, he charges our estimates are inconsistent with his U.K. U.S. sectoral productivity comparisons. Second, he chastises us on the grounds that our price benchmarks conflict with standard U.S. and U.K. price indices. Finally, he queries our nominal GDP estimates.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 64 (2004)
Issue (Month): 03 (September)
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- Broadberry, Stephen & Gupta, Bishnupriya, 2007.
"The Historical Roots Of India’s Service-Led Development : A Sectoral Analysis Of Anglo-Indian Productivity Differences, 1870-2000,"
The Warwick Economics Research Paper Series (TWERPS)
817, University of Warwick, Department of Economics.
- Broadberry, Stephen & Gupta, Bishnupriya, 2010. "The historical roots of India's service-led development: A sectoral analysis of Anglo-Indian productivity differences, 1870-2000," Explorations in Economic History, Elsevier, vol. 47(3), pages 264-278, July.
- Woltjer, P. & Smits, Jan-Pieter & Frankema, Ewout, 2010. "Comparing Productivity in the Netherlands, France, UK and US, ca. 1910:A new PPP benchmark and its implications for changing economic leadership," GGDC Research Memorandum GD-113, Groningen Growth and Development Centre, University of Groningen.
- Broadberry, Stephen N. & Irwin, Douglas A., 2006. "Labor productivity in the United States and the United Kingdom during the nineteenth century," Explorations in Economic History, Elsevier, vol. 43(2), pages 257-279, April.
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