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Deconstructing Growth in UK Manufacturing

Listed author(s):
  • Cameron, G.
  • Proudman, J.
  • Redding, S.

This paper is concerned with the nature of economic growth in 19 manufacturing industries between 1970-92. There is substantial heterogeneity (both across sectors and time) in rates of growth of value-added, hours worked, labour productivity and Total Factor Productivity during the sample period. The decline in constant price value-added in aggregate manufacturing during the sample period is associated with significant changes in the relative size of individual sectors, and with noticeable chanegs in performance between the two peak-to-peak business cycles 1973-79 and 1979-89.

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Paper provided by Centre for Economic Performance & Institute of Economics in its series Papers with number 28.

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Length: 48 pages
Date of creation: 1998
Handle: RePEc:fth:cepies:28
Contact details of provider: Postal:
United Kingdom; Centre for Economic Performance & Institute of Economics and Statistics, Oxford University. Manor Road. Oxford OX1 3Ul

Web page: http://www.economics.ox.ac.uk/
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