Phases of Growth in Labour Productivity, Table

Phases of Growth in Labour Productivity, Table

Table
(real gross domestic product per hour worked;
average annual compound growth rates)

1870-1913 1913-50 1950-73 1973-84

United States 2.0 2.4 2.5 1.0
Five-country average 1.6 1.6 5.3 2.8
France 1.7 2.0 5.1 3.4
Germany 1.9 1.0 6.0 3.0
Japan 1.8 1.7 7.7 3.2
The Netherlands 1.2 1.7 4.4 1.9
United Kingdom 1.2 1.6 3.2 2.4

Source: Angus Maddison, "Growth and Slowdown in Advanced Capitalist
Economies: Techniques of Quantitative Assessment," Journal of Economic
Literature, Vol. 25, p. 65, Table 2 (June 1987).

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