Factor prices and productivity growth during the British industrial revolution

By Pol Antràs, H. Voth. 2003

123 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/58ac6a7a0e6809063b8965fb3445e263b9997281

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Citations in the corpus

Why England? Demographic factors, structural change and physical capital accumulation during the Industrial Revolution (2006, background): “Where once scholars argued for a few decades during which the transition to rapid growth occurred, a much more gradualist orthodoxy has taken hold (Crafts & Harley, 1992; Antras & Voth 2003).”
Engels' pause: Technical change, capital accumulation, and inequality in the british industrial revolution (2009, background): “In contrast, Antràs and Voth (2003) have measured TFP growth in a dual framework comparing product prices to input prices.”
Long-Term Economic Growth and the History of Technology (2005, background): “Income per capita growth after 1830 accelerates to around 1.1 percent, even though recent calculations confirm that only about a third of that growth to total factor productivity growth (Antras and Voth, 2003, p. 63; Mokyr, 2003c).”