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Growth in UK manufacturing between 1970-92

Cameron, Gavin and Proudman, James and Redding, Stephen (1998) Growth in UK manufacturing between 1970-92. Bank of England Quarterly Bulletin, 38 (2). pp. 145-157. ISSN 0005-5166

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Abstract

This article(2) examines productivity growth and levels in UK manufacturing between 1970–92. During this period, UK manufacturing output fell, but by less than the number of hours worked in manufacturing, and so labour productivity increased. Within manufacturing, economic performance varied considerably, both across sectors and time, including a notable difference between the two peak-to-peak business cycles 1973–79 and 1979–89. To understand manufacturing economic performance more fully, the article considers disaggregated data for 19 manufacturing industries, using two measures of productivity: labour productivity and Total Factor Productivity.

Item Type: Article
Official URL: http://www.bankofengland.co.uk/publications/Pages/...
Additional Information: © 1998 Bank of England
Subjects: H Social Sciences > HF Commerce
H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
Collections > Economists Online
Date Deposited: 23 Jun 2008 11:30
Last Modified: 14 May 2012 11:26
URI: http://eprints.lse.ac.uk/id/eprint/5507

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