Why did UK Manufacturing Productivity Growth Slow Down in the 1970s and Speed Up in the 1980s?
Economics Papers from Economics Group, Nuffield College, University of Oxford
After a dramatic slowdown in the 1970s, productivity growth in UK manufacturing in the 1980s returned to something like its pre-slowdown trend. This paper constructs a quarterly dynamic model of TFP growth in UK manufacturing using cointegration techniques, correcting for a variety of measurement biases.
Keywords: INNOVATIONS; HUMAN CAPITAL; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: C13 C22 O30 O47 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:nuf:econwp:9924
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