Market Services and the Productivity Race, 1850-2000: British Performance in International Perspective

Front Cover
Cambridge University Press, Oct 26, 2006 - History - 430 pages
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.

What people are saying - Write a review

We haven't found any reviews in the usual places.

Other editions - View all

About the author (2006)

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).

Bibliographic information