A Cost Analysis of British GDP Growth (1716-1756) Period

摘要：

From 1716 to 1756, Britain was on the eve of dramatic change of economic growth pattern, as GDP, GDP per capita and non-agricultural rate were growing at the same time. From perspectives of population growth rate, economic growth rate, agriculture growth rate and non-agricultural rate on the basis of stable time cost, this article tries to illustrate with historical data that Britain fulfilled functions and values of products and services by means of improving productivity and lowering cost and expenditure. Or, analyzing with the help of evaluation system, we find that the British achieved the same GDP per capita with less and less labor time and capital investment. Amazingly, this was achieved with the steady growth of population.

关键词： Cost Average Annual Growth Rate Value

作者: YU Huichun

作者单位: Jilin University Business School, Changchun, P.R.China 130012

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 1298-1301

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）