Factor prices and productivity growth during the British Industrial Revolution
Pol Antras and
Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
This paper presents new estimates of total factor productivity growth in Britain for the period 1770–1860. We use the dual technique and argue that the estimates we derive from factor prices are of similar quality to quantity-based calculations. Our results provide further evidence, calculated on the basis of an independent set of sources, that productivity growth during the British Industrial Revolution was relatively slow. The Crafts–Harley view of the Industrial Revolution is thus reinforced. Our preferred estimates suggest a modest acceleration after 1800.
Keywords: British industrial revolution; productivity growth; dual measurement of productivity (search for similar items in EconPapers)
JEL-codes: N13 O47 O52 (search for similar items in EconPapers)
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Journal Article: Factor prices and productivity growth during the British industrial revolution (2003)
Working Paper: Factor Prices and Productivity Growth During the British Industrial Revolution (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:495
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