Market Services and the Productivity Race, 1850–2000
AbstractNow that services account for such a dominant part of economic activity, it has become apparent that achieving high levels of productivity in the economy requires high levels of productivity in services. This book, first published in 2006, offers a major reassessment of Britain's comparative productivity performance over the last 150 years. Whereas in the mid-nineteenth century Britain had higher productivity than the United States and Germany, by 1990 both countries had overtaken Britain. The key to achieving high productivity was the 'industrialisation' of market services, which involved both the serving of business and the provision of mass-market consumer services in a more business like fashion. Comparative productivity varied with the uneven spread of industrialised service sector provision across sectors. Stephen Broadberry provides a quantitative overview of these trends, together with a qualitative account of developments within individual sectors, including shipping, railways, road and air transport, telecommunications, wholesale and retail distribution, banking, and finance.
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Bibliographic InfoThis book is provided by Cambridge University Press in its series Cambridge Books with number 9780521867184 and published in 2006.
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Other versions of this item:
- Broadberry,Stephen, 2009. "Market Services and the Productivity Race, 1850–2000," Cambridge Books, Cambridge University Press, number 9780521123143.
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- Crafts, Nicholas & Mills, Terence C. & Mulatu, Abay, 2007.
"Total factor productivity growth on Britain's railways, 1852-1912: A reappraisal of the evidence,"
Explorations in Economic History,
Elsevier, vol. 44(4), pages 608-634, October.
- Nicholas Crafts & Terence C. Mills & Abay Mulatu, 2005. "Total factor productivity growth on Britain's railways, 1852-1912: a reappraisal of the evidence," Economic History Working Papers 22553, London School of Economics and Political Science, Department of Economic History.
- repec:cge:warwcg:80 is not listed on IDEAS
- Broadberry, Stephen; Crafts, Nicholas., 2010. "Openness, Protectionism And Britain’S Productivity Performance Over The Long-Run," CAGE Online Working Paper Series 36, Competitive Advantage in the Global Economy (CAGE).
- Crafts, Nicholas, 2012. "British relative economic decline revisited: The role of competition," Explorations in Economic History, Elsevier, vol. 49(1), pages 17-29.
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