Abstract
This paper estimates residual productivity growth for twenty–eight UK manufacturing and production industries for 1948–68 using a production function approach and the importance of distinguishing between a gross output and value added from of production function is stressed. The results are compared to those obtained by the Cambridge Growth Project which uses an input–output framework. The value added production function gives similar results to the Cambridge approach and it is shown that this is not altogether surprising. The results from a gross output production function are also shown. These estimates are generally lower than those obtained using a value added or net output system, which is what would be expected.
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