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首页> 外文期刊>European review of economic history >Sooner than you think: the Pre-1914 UK Productivity Slowdown was Victorian not Edwardian
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Sooner than you think: the Pre-1914 UK Productivity Slowdown was Victorian not Edwardian

机译:比你想象的更快:1914年前英国生产力放缓是维多利亚时代的不是爱德德

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摘要

This paper re-examines UK productivity growth in the decades before World War I using a new dataset compiled by the Bank of England. We find that the productivity slowdown of the early twentieth century was quite modest and does not deserve to be called a climacteric. A more serious slowdown in labour productivity growth occurred in the 1870s. Neither of these episodes should be regarded as a precedent for the current severe deterioration in UK productivity performance. Nor should a late-Victorian productivity slowdown be attributed to the end of the steam age despite the popularity of this belief.
机译:本文重新审查了十几年在第二次世界大战前的高生产力增长,我使用英格兰银行编制的新数据集。我们发现二十世纪初的生产力放缓非常适度,并且不值得称为更长期的。在1870年代发生了劳动生产率增长的更严重放缓。这些剧集都不应该被视为英国生产率性能的当前严重恶化的先例。尽管这种信仰的普及,但长期维多利亚的生产力放缓也不应该归因于蒸汽时代的结束。

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