Energy Intensity, Industrial Structure and the 1970s' Productivity Slowdown

Andrew Kilpatrick and Barry Naisbitt

Oxford Bulletin of Economics and Statistics, 1988, vol. 50, issue 3, 229-41

Abstract: This paper examines the nature of the productivity slowdown in the 1970s in the U.K. manufacturing industry by using a disaggregated industrial analysis. The extent of the slowdown in a particular industry is related to the capital and energy intensity of the industry and also to the previous rate of productivity growth and the size of the slowdown in output growth. The influence of several important industrial characteristics, such as the openness of an industry to trade, the type of product market served, and the degree of competition, on the interindustry pattern of productivity behavior is also examined. Copyright 1988 by Blackwell Publishing Ltd

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:bla:obuest:v:50:y:1988:i:3:p:229-41

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