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Market Services and the Productivity Race, 1850-2000: British Performance in International Perspective

Paperback / softback

Main Details

Title Market Services and the Productivity Race, 1850-2000: British Performance in International Perspective
Authors and Contributors      By (author) Stephen Broadberry
SeriesCambridge Studies in Economic History - Second Series
Physical Properties
Format:Paperback / softback
Pages:432
Dimensions(mm): Height 229,Width 152
Category/GenreIndustrialisation and industrial history
ISBN/Barcode 9780521123143
ClassificationsDewey:338.45094109034
Audience
Professional & Vocational
Illustrations Worked examples or Exercises

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 12 November 2009
Publication Country United Kingdom

Description

Now that services account for such a dominant part of economic activity, it has become apparent that achieving high levels of productivity in the economy requires high levels of productivity in services. This book offers a major reassessment of Britain's comparative productivity performance over the last 150 years. Whereas in the mid-nineteenth century Britain had higher productivity than the United States and Germany, by 1990 both countries had overtaken Britain. The key to achieving high productivity was the 'industrialisation' of market services, which involved both the serving of business and the provision of mass-market consumer services in a more business like fashion. Comparative productivity varied with the uneven spread of industrialised service sector provision across sectors. Stephen Broadberry provides a quantitative overview of these trends, together with a qualitative account of developments within individual sectors, including shipping, railways, road and air transport, telecommunications, wholesale and retail distribution, banking, and finance.

Author Biography

Stephen Broadberry is Professor of Economics at the University of Warwick. His recent books include The Productivity Race: British Manufacturing in International Perspective (1997) and, as editor with Mark Harrison, The Economics of World War I (2005).

Reviews

'The book's great achievement is to force us to refocus our thinking.' Contemporary European History