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Books > History > History of specific subjects > Industrial history
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Market Services and the Productivity Race, 1850-2000 - British Performance in International Perspective (Paperback)
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Market Services and the Productivity Race, 1850-2000 - British Performance in International Perspective (Paperback)
Series: Cambridge Studies in Economic History - Second Series
Expected to ship within 12 - 17 working days
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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, first published in 2006, 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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