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Description - Market Services and the Productivity Race, 1850-2000 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.

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Book Details

ISBN: 9780521867184
ISBN-10: 0521867185
Format: Hardback
(228mm x 152mm x 24mm)
Pages: 430
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 26-Oct-2006
Country of Publication: United Kingdom

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Author Biography - Stephen Broadberry

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).