Anglo-American productivity differentials once again
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This paper re-examines the current standard interpretation of relative productivity levels in British and American agriculture and manufacturing, using, inter alia, new data from the US Censuses of Manufactures and Agriculture in 1850 and the Feinstein-Thomas input-output table for 1851, as well as a new accounting framework that places emphasis on value-added rather than gross output as the appropriate basis for comparison.
This talk is part of the Quantitative History Seminar series.
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