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The growth of agricultural productivity is widely believed to be low. But this study finds the productivity rate in agriculture to be higher than that in manufacturing, both on average and for groups of countries at different stages of development. This suggests that a large agricultural sector need not be a disadvantage for growth performance, and may be an advantage.
The growth of agricultural productivity is widely believed to be low. But this study finds the productivity growth rate in agriculture to be higher than that in manufacturing, both on average and for groups of countries at different stages of development. This suggests that a large agricultural sector need not be a disadvantage for growth performance - and may be an advantage.Martin and Mitra examine the growth and convergence of total factor productivity in agriculture and manufacturing in a large sample of countries spanning many levels of development over the period 1967-92. There is a widely held but rarely tested view that the rate of growth in agricultural productivity is invariably low. But Martin and Mitra find that the rate of productivity growth in agriculture has been higher than in manufacturing both on average and for groups of countries at different stages of development.Martin and Mitra find evidence of high rates of technical progress in both agriculture and manufacturing. At all levels of development, however, technical progress appears to have been faster in agriculture than in manufacturing.Moreover, there appears to be a stronger tendency for levels and growth rates of total factor productivity to converge in agriculture than in manufacturing - suggesting that international dissemination of innovations has been relatively rapid in agriculture.These results may well reflect the important investments in agricultural research and development in recent decades. They also highlight the need to continue developing and disseminating innovations if countries are to maintain high rates of productivity growth.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the links between trade and growth.
This volume describes the outlines of the 'state of the art' in the field of rural history for countries such as England, the Netherlands, Belgium, Germany and Northern France. The contributing authors, all outstanding specialists in the field, present an overview of the most important publications regarding the areas covered. They also point to the most important research topics as well as indicating the most important lacunae in the field of rural history during the last decades. The original texts of this book formed the basis of the international research group CORN, which studies the economic development of the Northern European countryside in a comparative way. The regional monographs are preceded by a short methodological introduction concerning the comparative methods used by this network as well as the possible pitfalls and problems.
This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.
What were the economic roots of modern industrialism? Were labor unions ever effective in raising workers' living standards? Did high levels of taxation in the past normally lead to economic decline? These and similar questions profoundly inform a wide range of intertwined social issues whose complexity, scope, and depth become fully evident in the Encyclopedia. Due to the interdisciplinary nature of the field, the Encyclopedia is divided not only by chronological and geographic boundaries, but also by related subfields such as agricultural history, demographic history, business history, and the histories of technology, migration, and transportation. The articles, all written and signed by international contributors, include scholars from Europe, Latin America, Africa, and Asia. Covering economic history in all areas of the world and segments of ecnomies from prehistoric times to the present, The Oxford Encyclopedia of Economic History is the ideal resource for students, economists, and general readers, offering a unique glimpse into this integral part of world history.
In this exploration of the social context of reading and writing in pre-industrial England, David Cressy tackles important questions about the limits of participation in the mainstream of early modern society. To what extent could people at different social levels share in political, religious, literary and cultural life; how vital was the ability to read and write; and how widely distributed were these skills? Using a combination of humanist and social-scientific methods, Dr Cressy provides a detailed reconstruction of the profile of literacy in sixteenth- and seventeenth-century England, looking forward to the eighteenth century and also making comparisons with other European societies.
Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In A Farewell to Alms, Gregory Clark tackles these profound questions and suggests a new and provocative way in which culture--not exploitation, geography, or resources--explains the wealth, and the poverty, of nations. Countering the prevailing theory that the Industrial Revolution was sparked by the sudden development of stable political, legal, and economic institutions in seventeenth-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions gradually led to deep cultural changes by encouraging people to abandon hunter-gatherer instincts-violence, impatience, and economy of effort-and adopt economic habits-hard work, rationality, and education. The problem, Clark says, is that only societies that have long histories of settlement and security seem to develop the cultural characteristics and effective workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization has not been a blessing. Clark also dissects the notion, championed by Jared Diamond in Guns, Germs, and Steel, that natural endowments such as geography account for differences in the wealth of nations. A brilliant and sobering challenge to the idea that poor societies can be economically developed through outside intervention, A Farewell to Alms may change the way global economic history is understood.
This book is situated at the cross-roads of environmental, agricultural and economic history and climate science. It investigates the climatic background for the two most significant risk factors for life in the crisis-prone England of the Later Middle Ages: subsistence crisis and plague. Based on documentary data from eastern England, the late medieval growing season temperature is reconstructed and the late summer precipitation of that period indexed. Using these data, and drawing together various other regional (proxy) data and a wide variety of contemporary documentary sources, the impact of climatic variability and extremes on agriculture, society and health are assessed. Vulnerability and resilience changed over time: before the population loss in the Great Pestilence in the mid-fourteenth century meteorological factors contributing to subsistence crises were the main threat to the English people, after the arrival of Yersinia pestis it was the weather conditions that faciliated the formation of recurrent major plague outbreaks. Agriculture and harvest success in late medieval England were inextricably linked to both short term weather extremes and longer term climatic fluctuations. In this respect the climatic transition period in the Late Middle Ages (c. 1250-1450) is particularly important since the broadly favourable conditions for grain cultivation during the Medieval Climate Optimum gave way to the Little Ice Age, when agriculture was faced with many more challenges; the fourteenth century in particular was marked by high levels of climatic variability.