The Sources of British Economic Growth since the Industrial Revolution Rev (3).pdf (789.84 kB)
The sources of British economic growth since the industrial revolution: not the same old story
journal contribution
posted on 2023-06-09, 20:05 authored by Nicholas CraftsThis paper updates the classic growth accounting research of the early 1980s taking account of improved data that has subsequently become available. The picture of long-run growth which results from incorporating many revisions is considerably different. The long-run path of productivity growth is now that of a roller-coaster with twin peaks in the third quarters of the 19th and 20th centuries rather than a U-shape. Productivity growth appears to have been very slow to accelerate in the Industrial Revolution, the notion of an Edwardian climacteric is not persuasive and the current productivity slowdown stands out as unprecedented.
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- Published
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- Accepted version
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Journal of Economic SurveysISSN
0950-0804Publisher
WileyExternal DOI
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- Economics Publications
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- Yes
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- Yes
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2020-01-06First Open Access (FOA) Date
2021-12-16First Compliant Deposit (FCD) Date
2020-01-07Usage metrics
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