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Total Factor Productivity Growth in English Agriculture, 1250-1450

Author

Listed:
  • : Karl Gunnar Persson

    (Institute of Economics, University of Copenhagen)

Abstract

This paper develops a new total factor productivity growth accounting formula in which output data are replaced by data on wages and prices and changes in income distribution. It is then applied to the two centuries between 1250 and 1450, drawing on the improved wage and price series recently published for England. The results reveal a weak but consistent positive growth which is explained by the institutional changes occurring in the period, and by the land constraint particularly in the period before the Black Death.

Suggested Citation

  • : Karl Gunnar Persson, 1993. "Total Factor Productivity Growth in English Agriculture, 1250-1450," Discussion Papers 93-11, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:9311
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    More about this item

    JEL classification:

    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913

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