Abstract

There is a widely held view that Britain's poor performance in exports and economic growth can be attributed to relatively old-fashioned techniques of production—a handicap which might be particularly important in industries where technological progress is rapid. The only way to establish whether this view is right or not is by empirical investigation. Unfortunately such investigation is difficult, because not many industries have adequate statistics.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.