Total factor productivity growth on Britain's railways, 1852-1912: A reappraisal of the evidence

Explorations in Economic History

Volumn 44, Issue 4, 2007, Pages 608-634

  Crafts, Nicholas ^a   Mills, Terence C ^b   Mulatu, Abay ^c  

^a UNIVERSITY OF WARWICK   (United Kingdom)

^b LOUGHBOROUGH UNIVERSITY   (United Kingdom)

^c UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

Railways; Total factor productivity

Indexed keywords

EID: 34548205880     PISSN: 00144983     EISSN: 10902457     Source Type: Journal    
DOI: 10.1016/j.eeh.2007.01.002     Document Type: Article

References (46)

1. Armstrong J. The role of coastal shipping in UK transport: an estimate of comparative traffic movements in 1910. Journal of Transport History 8 (1987) 164-178
2. Arnold A.J., and McCartney S. Rates of return, concentration levels and strategic change in the British railway industry, 1830-1912. Journal of Transport History 26 (2005) 41-60
3. Battese G.E., Coelli T.J., and Colby T.C. Estimation of frontier production functions and the efficiencies of Indian farms using panel data from ICRISAT's village level studies. Journal of Quantitative Economics 5 (1989) 327-348
4. Battese G.E., and Coelli T.J. Frontier production functions, technical efficiency and panel data: with application to paddy farmers in India. Journal of Productivity Analysis 3 (1992) 153-169
5. Broadberry S.N. Market Services and the Productivity Race, 1850-2000 (2006), Cambridge University Press, Cambridge
6. Broadberry S.N., and Crafts N. UK productivity performance from 1950 to 1979: a restatement of the Broadberry-Crafts view. Economic History Review 56 (2003) 718-735
7. Cain P.J. Railway combination and government, 1900-1914. Economic History Review 26 (1972) 623-641
8. Cain P.J. Private enterprise or public utility? Output, pricing and investment on English and Welsh railways, 1870-1914. Journal of Transport History 1 (1980) 9-28
9. Cain P.J. Railways 1870-1914: the maturity of the private system. In: Freeman M.J., and Aldcroft D.H. (Eds). Transport in Victorian Britain (1988), Manchester University Press, Manchester 92-133
10. Caves D.W., Christensen L.R., and Swanson J.A. Productivity growth, scale economies and capacity utilization in US railroads, 1955-1974. American Economic Review 71 (1981) 994-1002
11. Crafts N. Long-run Growth. In: Floud R., and Johnson P. (Eds). The Cambridge Economic History of Modern Britain vol. 2 (2004), Cambridge University Press, Cambridge 1-24
12. Crafts N. Steam as a general purpose technology: a growth accounting perspective. Economic Journal 114 (2004) 338-351
13. Crafts N.F.R., Leybourne S.J., and Mills T.C. Trends and cycles in British industrial production, 1700-1913. Journal of the Royal Statistical Society, Series A 152 (1989) 43-60
14. Crafts N.F.R., and Mills T.C. The industrial revolution as a macroeconomic epoch: an alternative view. Economic History Review 47 (1994) 769-775
15. Crafts N., and Mills T.C. Was 19th century British growth steam-powered?: the climacteric revisited. Explorations in Economic History 41 (2004) 156-171
16. Dodgson J.S. British railway cost functions and productivity growth, 1900-1912. Explorations in Economic History 30 (1993) 158-181
17. Farsi M., Filippini M., and Greene W. Efficiency measurement in network industries: application to the Swiss railway companies. Journal of Regulatory Economics 28 (2005) 69-90
18. Feinstein C.H. National statistics, 1760-1920. In: Feinstein C.H., and Pollard S. (Eds). Studies in Capital Formation in the United Kingdom, 1750-1920 (1988), Clarendon Press, Oxford 257-471
19. Feinstein C.H., Matthews R.C.O., and Odling-Smee J.C. The timing of the climacteric and its sectoral incidence in the UK, 1873-1913. In: Kindleberger C.P., and di Tella G. (Eds). Economics in the Long View vol. 2 (1982), Macmillan, London 68-185
20. Filippini M., and Maggi R. Efficiency and regulation in the case of the Swiss private railways. Journal of Regulatory Economics 5 (1993) 199-216
21. Fishlow A. Productivity and technological change in the railroad sector, 1840-1910. In: Brady D.S. (Ed). Output, Employment, and Productivity in the United States after 1860 (1966), Columbia University Press, New York 83-646
22. Foreman-Peck J. Railways and Late Victorian economic growth. In: Foreman-Peck J. (Ed). New Perspectives on the Late Victorian Economy (1991), Cambridge University Press, Cambridge 73-95
23. Foreman-Peck J., and Millward R. Public and Private Ownership of British Industry, 1820-1990 (1994), ClarenDon Press, Oxford
24. Greene W.H. Reconsidering heterogeneity in panel data estimators of the stochastic frontier model. Journal of Econometrics 126 (2005) 269-303
25. Hannah L. Takeover bids in Britain before 1950. Business History 16 (1974) 65-77
26. Hawke G.R. Railways and Economic Growth in England and Wales, 1840-1870 (1970), Clarendon Press, Oxford
27. Irving R.J. The North Eastern Railway Company (1976), Leicester University Press, Leicester
28. Irving R.J. The profitability and performance of Britain's railways, 1870-1914. Economic History Review 31 (1978) 46-66
29. Ivaldi M., and McCullough G.J. Density and integration effects on class I U.S. freight railroads. Journal of Regulatory Economics 19 (2001) 161-182
30. Koopman S.J., Harvey A.C., Doornik J.A., and Shephard N. STAMP 6: Structural time series analyzer and predictor (2000), Timberlake Consultants Ltd, London
31. Kumbhakar S.C., and Lovell C.A. Stochastic Frontier Analysis (2000), Cambridge University Press, Cambridge
32. Landes D.S. The Unbound Prometheus (1969), Cambridge University Press, Cambridge
33. Lardner D. Railway Economy: A Treatise on the New Art of Transport, its Management, Prospects and Relations (1855), Harper & Brothers, New York
34. Magee G.B. Manufacturing and technological change. In: Floud R., and Johnson P. (Eds). The Cambridge Economic History of Modern Britain vol. 2 (2004), Cambridge University Press, Cambridge 74-98
35. McCloskey D.N., and Sandberg L. From damnation to redemption: judgments on the late Victorian entrepreneur. Explorations in Economic History 9 (1971) 89-108
36. Mills T.C. Modelling Trends and Cycles in Economic Time Series (2003), Palgrave Macmillan, Basingstoke
37. Mills T.C., and Crafts N.F.R. Modeling trends in economic history. The Statistician 45 (1996) 153-159
38. Mitchell B.R. The coming of the railway and United Kingdom economic growth. Journal of Economic History 24 (1964) 315-336
39. Mitchell B.R. British Historical Statistics (1988), Cambridge University Press, Cambridge
40. Munby D.L., and Watson A.H. Inland Transport Statistics: Great Britain 1900-1970 (1978), Clarendon Press, Oxford
41. Nicholas T. Enterprise and management. In: Floud R., and Johnson P. (Eds). The Cambridge Economic History of Modern Britain vol. 2 (2004), Cambridge University Press, Cambridge 227-252
42. Oulton N. Competition and the dispersion of labour productivity amongst British companies. Oxford Economic Papers 50 (1998) 23-38
43. Paish G. The British Railway Position (1902), The Statist, London
44. Phelps-Brown E.H., and Handfield-Jones S.J. The climacteric of the 1890s: a study in the expanding economy. Oxford Economic Papers 4 (1952) 266-307
45. Pitt M.M., and Lee L.F. Measurement and sources of technical inefficiency in the Indonesian weaving industry. Journal of Development Economics 9 (1981) 43-46
46. Saul S.B. The Myth of the Great Depression, 1873-1896 (1968), Macmillan, London