Public enterprise revisited a closer look at the 1954-79 UK labour productivity record
The book compares the 1954-79 labour productivity record of 5 expanding public sector industries to that of 24 expanding, capital intensive, mass-production industries in the British private sector. The author shows that the public sector industries' labour productivity growth was significantly...
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| Format: | eBook |
| Language: | English |
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Cheltenham
Edward Elgar Pub
2001
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | The book compares the 1954-79 labour productivity record of 5 expanding public sector industries to that of 24 expanding, capital intensive, mass-production industries in the British private sector. The author shows that the public sector industries' labour productivity growth was significantly faster than that of the private sector industries. Strikingly, he also finds that the state-owned industries were narrowing their productivity gap with their US counterparts at a significantly faster rate than the private sector industries. Dr Iordanoglou concludes that it is possible that public ownership had--in the historical period investigated--a long-term positive effect on these industries 1. Introduction -- 2. Selection of the sample -- 3. The intertemporal labour productivity comparisons -- 4. US-UK labour productivity comparisons -- 5. Questions of interpretation |
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| Physical Description: | xi, 659 p ill |
| ISBN: | 9781840644562 1840644567 9781781950371 |