Was Canadian Manufacturing Inefficient before WWI? The Case of the Cotton Textile Industry, 1870-1910
AbstractIs it possible that generations of Canadian economists and historians have got it wrong and Canadian manufacturing before WWI was fairly efficient? Yes, because they do not pay enough attention to the measurement of efficiency. New cliometric evidence supporting the revisionist side of this question is presented on total factor productivity and five other measures of efficiency for the Canadian cotton textile industry, 1870-1910, an industry long thought to be grossly inefficient, which shows the industry performed strongly relative to the U.S. cotton textile industry and other cotton textile industries elsewhere in the world.
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Bibliographic InfoPaper provided by The Rimini Centre for Economic Analysis in its series Working Paper Series with number 44_11.
Date of creation: Sep 2011
Date of revision:
Manufacturing; Nineteenth Century. Canada. Cotton Textiles; Efficiency; Total Factor Productivity;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables
- N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
- N61 - Economic History - - Manufacturing and Construction - - - U.S.; Canada: Pre-1913
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-09 (All new papers)
- NEP-EFF-2011-10-09 (Efficiency & Productivity)
- NEP-HIS-2011-10-09 (Business, Economic & Financial History)
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