General Purpose Technologies and Economic Growth: Electricity Diffusion in the Manufacturing Sector Before WWII

Cristiano Andrea Ristuccia and Solomos Solomou

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: This paper evaluates the diffusion of electricity within the context of a GPT perspective. The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the US, Britain, France, Germany and Japan and proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT models.

Keywords: Copyright; General Purpose Technologies, Economic Growth, Economic History, Productivity, Long Swings (search for similar items in EconPapers)
JEL-codes: N11 N12 N13 N14 N60 O40 (search for similar items in EconPapers)
Date: 2010-09-29
New Economics Papers: this item is included in nep-eff, nep-ene and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:1048

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