Market Services and the Productivity Race, 18502000

Market Services and the Productivity Race, 18502000

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Summary

A major reassessment of Britain's comparative productivity performance over the last 150 years. Stephen Broadberry provides a qualitative account of developments within individual sectors, including shipping, railways, road and air transport, telecommunications, wholesale and retail distribution, banking, and finance.

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Market Services and the Productivity Race, 18502000 by Stephen Broadberry

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.
'The book's great achievement is to force us to refocus our thinking' Contemporary European History
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).
SKU Unavailable
ISBN 13 9780521123143
ISBN 10 0521123143
Title Market Services and the Productivity Race, 18502000
Author Stephen Broadberry
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2009-11-12
Number of pages 432
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.