Understanding productivity growth in the industrial revolution†
本文回顾了英国工业革命期间生产率增长的研究,确认增长是逐渐加速而非爆发式,并探讨了技术进步加速的原因及人口增长对实际工资的影响。
Abstract Recent research relating to productivity growth during the British industrial revolution is reviewed. This confirms that there was a gradual acceleration rather than a ‘take‐off’. The explanation for the speeding‐up of technological progress remains controversial but the evidence base has improved considerably. In the face of a surge in population growth, slow growth of real wages during the industrial revolution may be seen as a good outcome which was underpinned by improved growth potential. Slow total factor productivity growth from the 1870s suggests that British technological capabilities at the end of the industrial revolution were still quite limited.