G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5171
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
URLhttps://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.
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