STRUCTURE AND PERFORMANCE OF THE UK FOOD AND DRINK INDUSTRIES
Vudayagiri Balasubramanyam () and
D. T. Nguyen
Journal of Agricultural Economics, 1991, vol. 42, issue 1, 56-65
Abstract:
This paper analyses the structural characteristics of the food and drink industries and assesses their recent economic performance. Although classified among the less technologically intensive group of British manufacturing industries, the food and drink industries are found to share many of the features of the more technologically intensive group, such as product differentiation, product diversification and advertising intensity. They are also found to have achieved above‐average growth in labour and total factor productivity through expansion in size, capital accumulation and shedding of labour.
Date: 1991
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https://doi.org/10.1111/j.1477-9552.1991.tb00332.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jageco:v:42:y:1991:i:1:p:56-65
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