| Market Services and the Productivity Race, 1850-2000 Contributor(s): Broadberry, Stephen (Author) |
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ISBN: 0521867185 ISBN-13: 9780521867184 Publisher: Cambridge University Press OUR PRICE: $128.25 Product Type: Hardcover - Other Formats Published: November 2006 Annotation: 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. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economic History - Business & Economics | Industries - General |
| Dewey: 338.450 |
| LCCN: 2007295045 |
| Series: Cambridge Studies in Economic History - Second |
| Physical Information: 1.23" H x 6.37" W x 9.21" (1.80 lbs) 430 pages |
| Descriptions, Reviews, Etc. |
| Publisher 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. |