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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5171 |
DP5171 The Curse and Blessing of Training the Unemployed in a Changing Economy: the Case of East Germany after Unification | |
Ruth Miquel; Michael Lechner; Conny Wunsch | |
发表日期 | 2005-08-23 |
出版年 | 2005 |
语种 | 英语 |
摘要 | The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the new cloths, patterns and designs became increasingly fashionable. However, high silver wages in Britain as a result of high productivity in other tradable goods and services, meant that British producers of cotton textiles could not use labour-intensive Indian production methods. The growth in British labour productivity that resulted from the search for labour-saving technological progress meant that unit labour costs became lower than in India despite the much higher wages in Britain. However, the full effects of the rise in British productivity were delayed until after the Napoleonic Wars by increasing wage and raw cotton costs before supply adjusted to the major increase in demand for inputs. On balance, the effects of British protective measures were neutral. |
主题 | International Macroeconomics |
关键词 | Cotton Competitive advantage Unit labour costs Lancashire India |
URL | https://cepr.org/publications/dp5171 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534056 |
推荐引用方式 GB/T 7714 | Ruth Miquel,Michael Lechner,Conny Wunsch. DP5171 The Curse and Blessing of Training the Unemployed in a Changing Economy: the Case of East Germany after Unification. 2005. |
条目包含的文件 | 条目无相关文件。 |
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