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The contribution of services to British economic growth, 1856-1913

Gemmell, Norman; Wardley, Peter

Authors

Norman Gemmell

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


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