Comparing British and American Economic and Industrial Performance 1860-1993: A Time Series Perspective

Explorations in Economic History

Volumn 35, Issue 2, 1998, Pages 171-195

  Greasley, David ^a   Oxley, Les ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040681723     PISSN: 00144983     EISSN: None     Source Type: Journal    
DOI: 10.1006/exeh.1997.0688     Document Type: Article

References (91)

1. Abramovitz M. Catching Up, Forging Ahead, and Falling Behind. Journal of Economic History. 46:1986;385-406.
2. Abramovitz M., David P. A. Reinterpreting Economic Growth: Parables and Realities. American Economic Review. 83:1973;1211-1219.
3. Ahlstrom G. Engineers and Industrial Growth. 1982;Croom Helm, London.
4. Allen R. C. International Competition in Iron and Steel, 1850-1913. Journal of Economic History. 39:1979;911-937.
5. Ames E., Rosenberg N. The Enfield Arsenal in Theory and History. Economic Journal. 78:1968;827-842.
6. Barro R. J. Economic Growth in a Cross-Section of Countries. Quarterly Journal of Economics. 106:1991;407-445.
7. Barro R. J., Lee J. W. International Comparisons of Educational Attainment. Journal of Monetary Economics. 32:1993;363-394.
8. Barro R. J., Sala i Martin X. Convergence. Journal of Political Economy. 100:1992;223-251.
9. Barro R. J., Sala i Martin X. Economic Growth. 1995;McGraw-Hill, New York.
10. Baumol W. J. Productivity Growth, Convergence, and Welfare: What the Long-Run Data Show. American Economic Review. 76:1986;1072-1085.
11. Balke N. S., Gordon R. J. The Estimation of Pre-War Gross National Product: Methodology and New Evidence. Journal of Political Economy. 97:1989;38-92.
12. Bernard A. B., Durlauf S. N. Convergence in International Output. Journal of Applied Econometrics. 10:1995;97-108.
13. Bernard A. B., Durlauf S. N. Interpreting Tests of the Convergence Hypothesis. Journal of Econometrics. 71:1996;161-174.
14. Bernard A. B., Jones C. I. Productivity Across Industries and Countries: Time Series Evidence and Theory. Review of Economics and Statistics. 78:1996;135-146.
15. Brezis E. S., Krugman P. R., Tsiddon D. Leapfrogging in International Competition: a Theory of Cycles in National Economic Leadership. American Economic Review. 83:1993;1211-1219.
16. Broadberry S. N. Manufacturing and the Convergence Hypothesis: What the Long-Run Data Show. Journal of Economic History. 53:1993;772-795.
17. Broadberry S. N. Comparative Productivity in British and American Manufacturing. Explorations in Economic History. 31:1994a;521-548.
18. Broadberry S. N. Technological Leadership and Productivity Leadership in Manufacturing since the Industrial Revolution: Implications for the Convergence Debate. Economic Journal. 104:1994b;291-302.
19. Broadberry, S. N. Wagner, K. 1994, Human Capital and Productivity in Manufacturing during the Twentieth Century: Britain, Germany, and the United States.
20. Campbell J. Y., Mankiw N. G. Are Output Fluctuations Transitory. Quarterly Journal of Economics. 102:1987;857-880.
21. Chandler A. D. The Emergence of Managerial Capitalism. Business History Review. 58:1984;473-503.
22. Cochrane J. H. How Big is the Random Walk in GNP. Journal of Political Economy. 96:1988;893-920.
23. Carlson W. B. Academic Entrepreneurship and Engineering Education. Technology and Culture. 29:1988;536-567.
24. Chatfield C. The Analysis of Time Series. 1989;Chapman & Hall, London.
25. Christensen P. P. Land Abundance and Cheap Horsepower in the Mechanisation of the Antebellum Midwest. Explorations in Economic History. 18:1981;309-329.
26. Christiano L. J. Searching for a Break in GNP. Journal of Business and Economic Statistics. 10:1992;237-250.
27. Cogley T. International Evidence on the Size of the Random Walk in Output. Journal of Political Economy. 98:1990;501-518.
28. Crafts N. F. R. Exogenous or Endogenous Growth: The Industrial Revolution Reconsidered. Journal of Economic History. 55:1995;745-772.
29. Crafts N. F. R., Thomas M. Comparative Advantage in UK Manufacturing Trade. Economic Journal. 96:1986;629-645.
30. CSO, Blue Books, London, HMSO.
31. CSO, Economic Trends, London, HMSO.
32. David, P. A. Technical Choice Innovation and Economic Growth, Cambridge, UK, Cambridge Univ. Press.
33. Davis L. C. American Economic Growth and Economists' History of the United States. 1972;Harper & Row, New York.
34. DeLong B. J. Productivity Growth, Convergence, and Welfare. American Economic Review. 78:1988;1138-1154.
35. Devine W. D. From Shafts to Wires: Historical Perspectives on Electrification. Journal of Economic History. 43:1983;347-372.
36. Dickey D. A., Fuller W. A. Likelihood Ratio Tests for Autoregressive Time Series with a Unit Root. Econometrica. 49:1981;1057-1072.
37. Durlauf S. N. Output Persistence, Economic Structure, and Choice of Stabilisation Policy. Brookings Papers in Economic Activity. 2:1989;69-116.
38. Edgerton D. E. H. British Research and Development 1900-1970. Journal of European Economic History. 23:1994;49-68.
39. Engle R. F., Granger C. W. J. Cointegration and Error Correction: Representation, Estimation and Testing. Econometrica. 55:1987;251-276.
40. Federal Reserve Industrial Production Index. Economic Report of the President. 1993.
41. Feinstein C. H. National Income, Expenditure and Output of the United Kingdom, 1855-1965. 1972;Cambridge Univ. Press, Cambridge.
42. Floud R. C. The Adolescence of American Engineering Competition, 1860-1900. Economic History Review. 28:1974;57-71.
43. Greasley D. The Stationarity of British Economic and Productivity Growth. Journal of Applied Econometrics. 7:1992;203-209.
44. Greasley D., Oxley L. Technological Epochs and British Industrial Production, 1700-1992. Scottish Journal of Political Economy. 43:1996a;258-274.
45. Greasley D., Oxley L. Explaining the United States' Industrial Growth, 1860-1991. Bulletin of Economic Research. 48:1996b;65-82.
46. Greasley D., Oxley L. Unit Roots and British Industrial Growth, 1923-92. Manchester School. 65:1997;192-212.
47. Harley C. K. Skilled Labor and Choice of Technique in Edwardian Industry. Explorations in Economic History. 11:1973-1974;391-414.
48. Haldane A. G., Hall S. Sterling's Relationship with the Dollar and the Deutschmark: 1976-89. Economic Journal. 101:1991;436-443.
49. Hall S. G., Robertson D., Wickens M. R. Measuring Convergence of EC Economies. Manchester School. 60:1992;99-111.
50. Hannah L. Cultural Determinants of Economic Performance: An Experiment in Determining Human Capital Flows. Historical Analysis in Economics. 1993;Routledge, London.
51. Heston R., Summers A. A New Set of International Comparisons of Real Product and Price Levels: Estimates for 130 Countries, 1950-1985. Review of Income and Wealth. 34:1988;1-25.
52. Hoffmann W. H. British Industry, 1700-1950. 1955;Basil Blackwell, Oxford.
53. Inwood K., Stengo T. Discontinuities in Canadian Economic Growth 1870-1985. Explorations in Economic History. 28:1991;274-286.
54. Islam N. Growth Empirics: A Panel Data Approach. Quarterly Journal of Economics. 110:1995;427-470.
55. Johansen S. Statistical Analysis of Cointegration Vectors. Journal of Economic Dynamics and Control. 12:1988;231-254.
56. Kendrick J. W. Productivity Trends in the United States. 1961;NBER, Princeton.
57. Lebergott S. Manpower in Economic Growth: The American Record since 1800. 1961;McGraw-Hill, New York.
58. Levine R., Renelt D. A Sensitivity Analysis of Cross Country Growth Regressions. American Economic Review. 82:1992;942-963.
59. Lewchuck W. American Technology and the British Vehicle Industry. 1987;Cambridge Univ. Press, Cambridge.
60. Lomax K. S. Production and Productivity Movements in the United Kingdom since 1900. Journal of the Royal Statistical Society, Series A. 1959;185-220.
61. Lorenz E. H. An Evolutionary Explanation for Comparative Decline: The British Shipbuilding Industry, 1890 to 1970. Journal of Economic History. 51:1991;911-936.
62. MacKinnon J. Critical Values for Cointegration Tests. Engle R. F., Granger C. W. J. Long-Run Economic Relationships. 1991;Oxford Univ. Press, London.
63. Maddison A. Dynamic Forces in Capitalist Development: A Long-Run Comparative View. 1991;Oxford Univ. Press, London.
64. Mankiw N. G., Romer D., Weil D. N. A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics. 107:1992;407-437.
65. Matthews R. C. O., Feinstein C. H., Odling-Smee J. C. British Economic Growth, 1856-1973. 1982;Clarendon, Oxford.
66. Ministry of Fuel and Power Statistical Digest, 1946, London, HMSO.
67. Murphy K. M., Shleifer A., Vishny R. W. The Allocation of Talent: Implications for Growth. Quarterly Journal of Economics. 106:1991;503-530.
68. Nelson C. R., Plosser C. I. Trends and Random Walks in Economic Time Series. Journal of Monetary Economics. 10:1982;139-162.
69. Nelson R. R., Wright G. The Rise and Fall of American Technological Leadership: The Post-War Era in Historical Perspective. Journal of Economic Literature. 30:1992;1931-1964.
70. Nicholas S. J. The American Export Invasion of Britain: The Case of the Engineering Industry. Technology and Culture. 21:1980;570-588.
71. Nutter W. G. Growth of Industrial Production in the Soviet Union. 1962;NBER, Princeton.
72. OECD. Education at a Glance. 1993;OECD, Paris.
73. Oxley L., Greasley D. A Times Series Perspective on Convergence: Australia, UK and USA since 1870. Economic Record. 71:1995;259-270.
74. Paige D., Bombach G. A Comparison of National Output and Productivity of the United Kingdom and the United States. 1959;OECD, Paris.
75. Perron P. The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis. Econometrica. 99:1989;1361-1401.
76. Pilat D. The Sectoral Productivity Performance of Japan and the United States, 1885-1990. Review of Income and Wealth, Series 4. 39:1993;357-375.
77. Rappoport P., Reichlin L. Segmented Trends and Non-Stationary Time Series. Economic Journal. 99(Supplement):1989;168-177.
78. Rebelo S. Long-Run Policy Analysis and Long-Run Growth. Journal of Political Economy. 99:1991;500-521.
79. Romer C. D. The Pre-War Business Cycle Reconsidered: New Estimates of GNP, 1869-1908. Journal of Political Economy. 97:1989;1-25.
80. Saul S. B. The Market and the Development of the Mechanical Engineering Industries in Britain, 1860-1914. Economic History Review. 20:1967;111-130.
81. Simon M., Novak D. E. Some Dimensions of the American Commercial Invasion of Europe. Journal of Economic History. 24:1964;591-605.
82. Solow R. A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics. 70:1956;65-94.
83. Statistical Abstracts of the United States, Washington, DC, Bureau of Census.
84. Bureau of Census. Statistical History of the United States: From Colonial Times to the Present. 1976;Bureau of Census, New York.
85. Taylor, A. M. 1996, Convergence and International Factor Flows in Theory and History.
86. Weir D. R. A Century of US Unemployment: Revised Estimates and Evidence for Stablisation. Research in Economic History. 14:1992;301-346.
87. Williamson J. G. The Evolution of Global Labor Markets since 1830: Background Evidence and Hypotheses. Explorations in Economic History. 32:1995;141-196.
88. Williamson J. G. Globalization, Convergence and History. Journal of Economic History. 56:1996;277-306.
89. Wolff E. N., Gittleman M. The Role of Education in Productivity Convergence: Does Higher Education Matter. Szirmai E., van Ark B., Pilat D. Explaining Economic Growth. 1993;Elsevier, Groningen.
90. Wright G. The Origins of American Industrial Success. American Economic Review. 80:1990;651-688.
91. Zivot E., Andrews D. W. K. Further Evidence on the Great Crash, the Oil Price Shock, and the Unit Root Hypothesis. Journal of Economic and Business Statistics. 10:1992;251-287.