Regional and Industrial Growth Patterns in 20th Century Western Europe
Author
Summary, in English
This thesis deals with various aspects of growth, convergence and technological change, all analysed from an empirical perspective. A common theme throughout the six chapters is the analysis of economic historical questions of productivity growth with the use of quantitative statistical techniques. An introductory chapter is followed by two chapters on the Western European regional growth and convergence process, analysed in comparison with the US, using distribution dynamics and panel-data models. Chapter 4 uses Data Envelopment Analysis to decompose the proximate sources of regional productivity growth, whereas chapters 5 and 6 use time series methods such as cointegration and Granger causality on Swedish industrial data to investigate the issue of Swedish productivity growth throughout the 20th century.
The thesis provides new knowledge about the European regional convergence process starting in 1950. It is found that Europe’s plummeting employment ratios since the 1970s and stagnating growth since the 1990s have been accompanied by similar regional divergence in these variables. Moreover, national institutions have played a significant role in the process, and the pattern of capital accumulation has slowed down productivity convergence since 1980. The thesis also points out the importance of not only understanding technical change as a process of sectoral complementarities that form development blocks, which in turn drive productivity growth, but also identifying how the dynamic effects of pervasive technologies such as electricity drive whole eras of productivity increases.
The thesis provides new knowledge about the European regional convergence process starting in 1950. It is found that Europe’s plummeting employment ratios since the 1970s and stagnating growth since the 1990s have been accompanied by similar regional divergence in these variables. Moreover, national institutions have played a significant role in the process, and the pattern of capital accumulation has slowed down productivity convergence since 1980. The thesis also points out the importance of not only understanding technical change as a process of sectoral complementarities that form development blocks, which in turn drive productivity growth, but also identifying how the dynamic effects of pervasive technologies such as electricity drive whole eras of productivity increases.
Department/s
Publishing year
2008
Language
English
Publication/Series
Lund Studies in Economic History
Volume
46
Document type
Dissertation
Publisher
Holmbergs
Topic
- Economic History
Keywords
- Data Envelopment Analysis (DEA)
- distribution dynamics
- cointegration
- general purpose technology
- development block
- technical change
- regional growth
- convergence
Status
Published
Supervisor
- Lennart Schön
ISBN/ISSN/Other
- ISSN: 1400-4860
Defence date
12 April 2008
Defence time
10:15
Defence place
Crafoordsalen, Ekonomihögskolan EC1
Opponent
- Stephen Broadberry (Professor)