Norman Gemmell
The contribution of services to British economic growth, 1856-1913
Gemmell, Norman; Wardley, Peter
Authors
Peter Wardley
Abstract
This paper compares evidence on productivity levels and growth, and factor intensities in manufacturing and service sectors-mainly transportation and distribution-in Britain, during 1856-1913. It is argued that (i) productivity levels in those services exceeded those in manufacturing; (ii) conclusions on relative sectoral productivity growth depend on whether a labor or total factor measure is used; and (iii) capital-labor ratios appear high in the services examined (relative to manufacturing) but conclusions on intrinsic factor intensity based on capital-labor ratios may be misleading. © 1990.
Citation
Gemmell, N., & Wardley, P. (1990). The contribution of services to British economic growth, 1856-1913. Explorations in Economic History, 27(3), 299-321. https://doi.org/10.1016/0014-4983%2890%2990016-R
Journal Article Type | Article |
---|---|
Publication Date | Jan 1, 1990 |
Journal | Explorations in Economic History |
Print ISSN | 0014-4983 |
Electronic ISSN | 1090-2457 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 27 |
Issue | 3 |
Pages | 299-321 |
DOI | https://doi.org/10.1016/0014-4983%2890%2990016-R |
Keywords | services, Britain, economic growth, 1856-1914 |
Public URL | https://uwe-repository.worktribe.com/output/1111391 |
Publisher URL | http://dx.doi.org/10.1016/0014-4983(90)90016-R |