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n analyses of British productivity performance in the 1930s, we have argued that the policy framework adopted in response to macroeconomic shocks was understandable and quite effective in ameliorating short-term adjustment problems but harmful in terms of its long-run supply side implications...
Persistent link: https://www.econbiz.de/10010746756
Design standards are carriers and creators of facts, enabling facts about product value to travel between groups, and assisting in the creation of product value by establishing a reference or comparison against which product attributes are compared. However, when design standards are not...
Persistent link: https://www.econbiz.de/10010746758
This paper uses a stochastic cost frontier model to investigate the efficiency of Britain’s private railways during the period 1893-1912. We find that there was substantial inefficiency in the industry with no sign of reduction over time. Our main conclusion is that principal agent problems...
Persistent link: https://www.econbiz.de/10010746759
Dr Gordon Daniels, Reader in History at the University of Sheffield, presented his paper on the Social History of Occupied Japan at a one-day workshop on the Teaching of Japanese Economic and Social History, held at the Suntory-Toyota International Centre on 16 May 1990. We are grateful to Dr...
Persistent link: https://www.econbiz.de/10010746760
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It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are many reasons why wages and productivity may diverge. This paper is part of a smaller literature on the effects of work-related training on direct measures of productivity. We...
Persistent link: https://www.econbiz.de/10010746764
When the German translation of Darwin’s On the Origin of Species was published in 1860, it intensified a conflict that German theologians had been fighting since the early 19th century. Arguments against the secular relativising or even thorough dismissal of the scientific, philosophical and...
Persistent link: https://www.econbiz.de/10010746765
The travel of small facts (such as data) across geographical locations and disciplines is increasingly regulated by the private and public sponsors of digital databases. My analysis focuses on the contrast between the strategies supported by the public and private sectors in governing...
Persistent link: https://www.econbiz.de/10010746767