1979
DOI: 10.1111/j.1477-9552.1979.tb01492.x
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Changes in Total Factor Productivity in Uk Food and Drink Manufacturing*

Abstract: This paper presents some comparisons of rates of growth of total factor productivity of the food and drink manufacturing industries with other manufacturing industries and also of individual Minimum List Headings within food and drink manufacturing. Some methodological problems are examined particularly the practical problems of measurement of output and inputs. The chief problem was to obtain estimates of capital inputs suitably disaggregated and this was overcome by adapting some unpublished work by Elliot. … Show more

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“…As a whole the industry may be considered as relatively capital-intensive, as indicated by the higher percentage of capital employed (8 per cent of all in manufacturing) as compared to labour (7.6 per cent). The rate of growth of capital inputs has been faster in food over the past two decades (Mordue and Marshall, 1979;Watts, 1982) and by 1979 the capital stock per head was roughly 10 per cent higher in food manufacturing than the all manufacturing average. During 1980 and 1981, however, significant reductions in capital investment took place in the food sector (Cleminson, 1983).…”
Section: Food Manufacturingmentioning
confidence: 99%
“…As a whole the industry may be considered as relatively capital-intensive, as indicated by the higher percentage of capital employed (8 per cent of all in manufacturing) as compared to labour (7.6 per cent). The rate of growth of capital inputs has been faster in food over the past two decades (Mordue and Marshall, 1979;Watts, 1982) and by 1979 the capital stock per head was roughly 10 per cent higher in food manufacturing than the all manufacturing average. During 1980 and 1981, however, significant reductions in capital investment took place in the food sector (Cleminson, 1983).…”
Section: Food Manufacturingmentioning
confidence: 99%