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Session 5a: Productivity

Author

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  • David, Paul
  • Wright, Gavin

Abstract

A marked acceleration of total factor productivity (TFP) growth in U.S. manufacturing followed World War I. The paper analyzes this development, attributing it to the confluence of diffusion of a general-purpose-technology (electrification) with a regime change in the industrial labor market.

Suggested Citation

  • David, Paul & Wright, Gavin, 2001. "Session 5a: Productivity," The Journal of Economic History, Cambridge University Press, vol. 61(2), pages 523-523, June.
    • Handle: RePEc:cup:jechis:v:61:y:2001:i:02:p:523-523_28
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