The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Steam as a General Purpose Technology: A Growth Accounting Perspective
Open accessAbstract
The contribution of steam to British economic growth in the nineteenth century is estimated using growth accounting methods similar to those recently employed to examine the role of ICT. The results indicate that steam contributed little to growth before 1830 and had its peak impact about a hundred years after Watt's famous invention. Only with the advent of high‐pressure steam after 1850 did the technology realise its potential. Compared with ICT, steam's impact on the annual rate of growth was modest. It is unlikely that these conclusions are vulnerable to quantification of hitherto unmeasured TFP spillovers.
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Cites
Ocean Freight Rates and Productivity, 1740–1913: The Primacy of Mechanical Invention Reaffirmed
Harley, C. K. (1988) · The Journal of Economic History · doi:10.1017/s0022050700006641 · Cited by 340
ICT and productivity growth in the United Kingdom
Oulton, N. (2002) · Oxford Review of Economic Policy · doi:10.1093/oxrep/18.3.363 · Cited by 246
Cited by
The Productivity J-Curve: How Intangibles Complement General Purpose Technologies
Brynjolfsson, E., Rock, D., & Syverson, C. (2021) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20180386 · Cited by 1,003
British Economic Growth, 1270–1870
Broadberry, S., Campbell, B., Klein, A., Overton, M., & van Leeuwen, B. (2014) · doi:10.1017/cbo9781107707603 · Cited by 554
The Role of Energy in the Industrial Revolution and Modern Economic Growth
Stern, D. I., & Kander, A. (2012) · The Energy Journal · doi:10.5547/01956574.33.3.5 · Cited by 243
Robo-apocalypse cancelled? Reframing the automation and future of work debate
Willcocks, L. (2020) · Journal of Information Technology · doi:10.1177/0268396220925830 · Cited by 215
The Origins of Fossil Capital: From Water to Steam in the British Cotton Industry
Malm, A. (2013) · Historical Materialism · doi:10.1163/1569206x-12341279 · Cited by 120
Metadata
- Authors
- Crafts, N.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2004-04-01
- Volume
- 114
- Issue
- 495
- Pages
- 338-351
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W1968283434
- Cited by
- 335
- References
- 2
- FWCI
- 30.03
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
