An International Comparison of Production Techniques: the Coal-Fired Electricity Generating Industry

Anonymous

National Institute Economic Review, 1966, vol. 36, 30-42

Abstract: There is a widely held view that Britain's poor performance in exports and economic growth can be attributed to relatively old-fashioned techniques of production—a handicap which might be particularly important in industries where technological progress is rapid. The only way to establish whether this view is right or not is by empirical investigation. Unfortunately such investigation is difficult, because not many industries have adequate statistics.

Date: 1966
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