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When taking into account time, services can experience similar productivity gains as manufacturing. Motion pictures constituted the first technology that industrialized a labour-intensive service. Measuring output in time spent consuming them doubles output growth from 4.2 to as much as 9...
Persistent link: https://www.econbiz.de/10005870487
This paper examines the effect of a new technology on a labour-intensive service. Comparing primal and dual TFP-growth with final-year social savings, we find that, between 1900 and 1938, motion pictures increased entertainment output (measured in spectator-hours) by at least nine percent...
Persistent link: https://www.econbiz.de/10005870549
This paper investigates the role of consumption in the emergence of the motion picture industry in Britain France and the US. A time-lag of at least twelve years between the invention of cinema and the film industry’s take-off suggests that the latter was not mainly technology-driven. In all...
Persistent link: https://www.econbiz.de/10005870553
This paper estimates and compares the benefits cinema technology generated to society in Britain, France and the US between 1900 and 1938. It is shown how cinema industrialised live entertainment, by standardisation, automation and making it tradable. The economic impact is measured in three...
Persistent link: https://www.econbiz.de/10005870588
In the 1900s, the European film industry exported throughout the world, at times supplying half the US market. By 1920, however, European films had virtually disappeared from America, and had become marginal in Europe. Theory on sunk costs and market structure suggests that an escalation of sunk...
Persistent link: https://www.econbiz.de/10005870602
The nineteenth century saw the advent of news agencies that became well-coordinated global organisations with large networks of correspondents, such as Reuters, Havas, Wolff-Continental and Associated Press. Essential features of these agencies were substantial fixed and sunk set-up costs, high...
Persistent link: https://www.econbiz.de/10005870925
This paper reviews the achievements of the Labour Government’seducation policy between 1997 and 2001. Tony Blair claimed that hisGovernment would make education a priority. The first part of thepaper reviews the scale of education spending in relation to theeconomy at large and within the...
Persistent link: https://www.econbiz.de/10008695290
This paper discusses the contribution made by American social scientists to thestudy of poverty in the past twenty five years. It has three parts. The firstconcentrates on the measurement of poverty and the fact that the US povertyline remained unchanged in that period despite its increasingly...
Persistent link: https://www.econbiz.de/10008733206
Area-based polices have become a significant part of the new LabourGovernment’s approach to tackling social exclusion. This paper reviewsthe long-running debate about whether area-based policies can make asignificant impact on poverty and social exclusion. There is a strongtradition of...
Persistent link: https://www.econbiz.de/10008733278
Poverty Street draws on evidence from twelve of the most disadvantagedneighbourhoods in England and Wales, using Census data from 1971, localadministrative data from 1998 onwards, and over 400 interviews conducted in 1999 and2001.The neighbourhoods have multiple problems - unemployment three...
Persistent link: https://www.econbiz.de/10008766030