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Work and Pay in 20th Century Britain$
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Nicholas Crafts, Ian Gazeley, and Andrew Newell

Print publication date: 2007

Print ISBN-13: 9780199212668

Published to Oxford Scholarship Online: May 2007

DOI: 10.1093/acprof:oso/9780199212668.001.0001

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Britain's Twentieth-Century Productivity Performance in International Perspective

Britain's Twentieth-Century Productivity Performance in International Perspective

Chapter:
(p.301) 12 Britain's Twentieth-Century Productivity Performance in International Perspective
Source:
Work and Pay in 20th Century Britain
Author(s):

Stephen Broadberry

Mary O'Mahony

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199212668.003.0013

This chapter provides an overview of Britain's labour productivity performance during the 20th century, incorporating the catching-up and convergence perspective. It is shown that physical capital and human capital have both played an important part in Britain's productivity performance, accounting for large portions of British labour productivity growth and Britain's labour productivity gaps with the United States and continental Europe.

Keywords:   Britain, labour productivity, aggregate productivity, sectoral productivity

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