Was Canadian Manufacturing Inefficient before WWI? The Case of the Cotton Textile Industry, 1870-1910
Is 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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- Inwood, K., 1991. "Maritime Industrialization from 1870 to 1910 ; A Review of the Evidence and Its Interpretation," Working Papers 1991-19, University of Guelph, Department of Economics and Finance.
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- Fogel, Robert William, 1968. "The Specification Problem in Economic History: A Correction," The Journal of Economic History, Cambridge University Press, vol. 28(01), pages 126-126, March. Full references (including those not matched with items on IDEAS)
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