Labor Productivity in the United States and the United Kingdom During the Nineteenth Century

Labor Productivity in the United States and the United Kingdom During the Nineteenth Century
Author :
Publisher :
Total Pages : 54
Release :
ISBN-10 : UCSD:31822033210501
ISBN-13 :
Rating : 4/5 (01 Downloads)

Synopsis Labor Productivity in the United States and the United Kingdom During the Nineteenth Century by : Stephen N. Broadberry

"A number of writers have recently questioned whether labor productivity or per capita incomes were ever higher in the United Kingdom than in the United States. We show that although the United States already had a substantial labor productivity lead in industry as early as 1840, especially in manufacturing, labor productivity was broadly equal in the two countries in agriculture, while the United Kingdom was ahead in services. Hence aggregate labor productivity was higher in the United Kingdom, particularly since the United States had a larger share of the labor force in low value-added agriculture. U.S. overtaking occurred decisively only during the 1890s, as labor productivity pulled ahead in services and the share of agricultural employment declined substantially. Labor force participation was lower in the United States, so that the United Kingdom's labor productivity advantage in the mid-nineteenth century translated into a larger per capita income lead"--NBER website

Labor Productivity in Britain and America During the Nineteenth Century

Labor Productivity in Britain and America During the Nineteenth Century
Author :
Publisher :
Total Pages : 37
Release :
ISBN-10 : OCLC:535451145
ISBN-13 :
Rating : 4/5 (45 Downloads)

Synopsis Labor Productivity in Britain and America During the Nineteenth Century by : Stephen N. Broadberry

A number of writers have recently questioned whether labor productivity or per capita incomes were ever higher in the United Kingdom than in the United States. We show that although the United States already had a substantial labor productivity lead in industry as early as 1840, especially in manufacturing, labor productivity was broadly equal in the two countries in agriculture, while the United Kingdom was ahead in services. Hence aggregate labor productivity was higher in the United Kingdom, particularly since the United States had a larger share of the labor force in low value-added agriculture. U.S. overtaking occurred decisively only during the 1890s, as labor productivity pulled ahead in services and the share of agricultural employment declined substantially. Labor force participation was lower in the United States, so that the United Kingdom's labor productivity advantage in the mid-nineteenth century translated into a larger per capita income lead.

Long-Term Factors in American Economic Growth

Long-Term Factors in American Economic Growth
Author :
Publisher : University of Chicago Press
Total Pages : 900
Release :
ISBN-10 : 0226209288
ISBN-13 : 9780226209289
Rating : 4/5 (88 Downloads)

Synopsis Long-Term Factors in American Economic Growth by : Stanley L. Engerman

These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal

The Productivity Race

The Productivity Race
Author :
Publisher : Cambridge University Press
Total Pages : 116
Release :
ISBN-10 : 052158440X
ISBN-13 : 9780521584401
Rating : 4/5 (0X Downloads)

Synopsis The Productivity Race by : S. N. Broadberry

This book is a reassessment of British performance in manufacturing since 1850 in the light of new evidence on international comparisons of productivity. Using a novel analytical framework of technological evolution, Stephen Broadberry uncovers new ways of looking at Britain's relative economic decline while debunking a number of misapprehensions regarding the nature and causes of the decline. It analyses productivity levels in Britain, the United States and Germany and provides detailed case studies of all the major manufacturing industries, broken down into three periods: 1850-1914, 1914-50 and 1950-90. Broadberry offers a wide coverage of industries, with invaluable country-specific information. By combining a multitude of detailed productivity measurements with qualitative industrial and business history, he provides a major contribution to our understanding of British economic performance over the last 150 years.

Long-Term Factors in American Economic Growth

Long-Term Factors in American Economic Growth
Author :
Publisher : University of Chicago Press
Total Pages : 898
Release :
ISBN-10 : 9780226209319
ISBN-13 : 0226209318
Rating : 4/5 (19 Downloads)

Synopsis Long-Term Factors in American Economic Growth by : Stanley L. Engerman

These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal

Coercion, Contract, and Free Labor in the Nineteenth Century

Coercion, Contract, and Free Labor in the Nineteenth Century
Author :
Publisher : Cambridge University Press
Total Pages : 348
Release :
ISBN-10 : 0521774004
ISBN-13 : 9780521774000
Rating : 4/5 (04 Downloads)

Synopsis Coercion, Contract, and Free Labor in the Nineteenth Century by : Robert J. Steinfeld

This book presents a fundamental reassessment of the nature of wage labor in the nineteenth century, focusing on the common use of penal sanctions in England to enforce wage labor agreements. Professor Steinfeld argues that wage workers were not employees at will but were often bound to their employment by enforceable labor agreements, which employers used whenever available to manage their labor costs and supply. In the northern United States, where employers normally could not use penal sanctions, the common law made other contract remedies available, also placing employers in a position to enforce labor agreements. Modern free wage labor only came into being late in the nineteenth century, as a result of reform legislation that restricted the contract remedies employers could legally use.

Strategic Factors in Nineteenth Century American Economic History

Strategic Factors in Nineteenth Century American Economic History
Author :
Publisher : University of Chicago Press
Total Pages : 504
Release :
ISBN-10 : 9780226301358
ISBN-13 : 0226301354
Rating : 4/5 (58 Downloads)

Synopsis Strategic Factors in Nineteenth Century American Economic History by : Claudia Goldin

Offering new research on strategic factors in the development of the nineteenth century American economy—labor, capital, and political structure—the contributors to this volume employ a methodology innovated by Robert W. Fogel, one of the leading pioneers of the "new economic history." Fogel's work is distinguished by the application of economic theory and large-scale quantitative evidence to long-standing historical questions. These sixteen essays reveal, by example, the continuing vitality of Fogel's approach. The authors use an astonishing variety of data, including genealogies, the U.S. federal population census manuscripts, manumission and probate records, firm accounts, farmers' account books, and slave narratives, to address collectively market integration and its impact on the lives of Americans. The evolution of markets in agricultural and manufacturing labor is considered first; that concerning capital and credit follows. The demography of free and slave populations is the subject of the third section, and the final group of papers examines the extra-market institutions of governments and unions.