Forging Ahead and Falling Behind: The Rise and Relative Decline of the First Industrial Nation
This paper considers Britain's failure to maintain its lead in economic growth in the face of overtaking by the United States. Recent cliometric research is reviewed and it is argued that early nineteenth century Britain had a low growth potential by twentieth century standards and that the American growth of the early twentieth century was of a quite different kind. Neither traditional nor new growth theories can encompass this experience and it is suggested that natural resource endowments, location-specific learning processes, and the international migration of factors of production were central aspects of American overtaking of Britain.
Volume (Year): 12 (1998)
Issue (Month): 2 (Spring)
|Contact details of provider:|| Web page: https://www.aeaweb.org/jep/|
More information through EDIRC
|Order Information:||Web: https://www.aeaweb.org/subscribe.html|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- N. F. R. Crafts, 1997.
"Some Dimensions of the ‘Quality of Life’ During the British Industrial Revolution,"
Economic History Review,
Economic History Society, vol. 50(4), pages 617-639, November.
- Nicholas Crafts, 1997. "Some Dimensions of the Quality of Life during the British Industrial Revolution," CEP Discussion Papers dp0339, Centre for Economic Performance, LSE.
- Nicholas Crafts, 1997. "Some dimensions of the 'quality of life' during the British industrial revolution," Economic History Working Papers 20349, London School of Economics and Political Science, Department of Economic History.
- Broadberry, S N, 1994.
"Technological Leadership and Productivity Leadership in Manufacturing since the Industrial Revolution: Implications for the Convergence Debate,"
Royal Economic Society, vol. 104(423), pages 291-302, March.
- Broadberry, S., 1993. "Technological Leadership and Productivity Leadership in Manufacturing Since the Industrial Revolution: Implications for the Convergence Debate," The Warwick Economics Research Paper Series (TWERPS) 414, University of Warwick, Department of Economics.
- Broadberry, S.N., 1992.
"Comparative Productivity in British and American Manufacturing During the Nineteenth Century,"
The Warwick Economics Research Paper Series (TWERPS)
399, University of Warwick, Department of Economics.
- Broadberry S. N., 1994. "Comparative Productivity in British and American Manufacturing during the Nineteenth Century," Explorations in Economic History, Elsevier, vol. 31(4), pages 521-548, October.
- K. Berrill, 1960. "International Trade And The Rate Of Economic Growth," Economic History Review, Economic History Society, vol. 12(3), pages 351-359, 04.
- Abramovitz, Moses, 1993. "The Search for the Sources of Growth: Areas of Ignorance, Old and New," The Journal of Economic History, Cambridge University Press, vol. 53(02), pages 217-243, June.
- Crafts, N. F. R., 1987. "British economic growth, 1700-1850; some difficulties of interpretation," Explorations in Economic History, Elsevier, vol. 24(3), pages 245-268, July.
- Brezis, Elise S & Krugman, Paul R & Tsiddon, Daniel, 1993. "Leapfrogging in International Competition: A Theory of Cycles in National Technological Leadership," American Economic Review, American Economic Association, vol. 83(5), pages 1211-19, December.
- Crafts, N. F. R., 1995. "Exogenous or Endogenous Growth? The Industrial Revolution Reconsidered," The Journal of Economic History, Cambridge University Press, vol. 55(04), pages 745-772, December.
When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:12:y:1998:i:2:p:193-210. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros)or (Michael P. Albert)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.