Download Productivity and Performance in the Paper Industry: Labour, by Gary Bryan Magee PDF

By Gary Bryan Magee

In an important new contribution to financial historical past, Dr. Magee examines an enormous British that, like many others, declined in relative value throughout the interval sooner than 1914. He compares Britain's functionality in papermaking with its major overseas competitors of the time, the United States and Germany, addressing such significant topics as technological switch, entrepreneurship and productiveness. The e-book could be priceless to students of monetary background in addition to these easily attracted to papermaking.

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Additional resources for Productivity and Performance in the Paper Industry: Labour, Capital and Technology in Britain and America, 1860-1914

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12 Technological development is thus a localised, firm-specific, cumulative, and path-dependent process. 13 This type of gradual development is characteristic of a number of industries. One of these appears to be the paper industry. Studying the paper industry, therefore, may reveal valuable information not only about the development of the industry itself, but also in a more general sense about this important type of technological change. In the next section we focus in detail on the process of technological change in the trade in the late Victorian and Edwardian era.

British India was another major market, usually being the final destination for between 15 and 20 per cent of Britain's paper exports. Although the importance of the imperial marketplace to the British papermaker is unquestionable, the fact that these markets' share of the mother country's paper appears to have fallen as the century unfolded implies that if these were in fact 'soft markets' as some have argued, then the industry's reliance on them weakened rather than strengthened after 1865. 5 per cent of all exports in both years.

He also believed it to 17 18 Stevenson, Background, pp. 141-2; Cohen, 'Economic determination', pp. 3/45-7; and S. B. D. thesis, University of Wisconsin (1968), p. 8. Paper Makers' Circular (hereafter PMC), lOJune 1889, p. 211. 20 Our situation, however, does not exactly match that of Bertrand competition, since what operated in the paper trade to keep prices in check was not so much the competition between differentiated products, but the threat of cross-entry from a mass market of manufacturers with virtually identical production technologies.

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