Labouring over Productivity Estimates: A Comment on Hirsch and Hausman's Model of Coal Miners' Productivity, 1874-1914

An article by Hirsch and Hausman (Economica, 1983) rekindled a long-standing debate concerning the causes of falling labour productivity in the British coal mining industry during the four decades before the First World War. This paper provides results which correct the econometric estimates of the...

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Bibliographic Details
Published in:Economica (London) 1987-11, Vol.54 (216), p.521-524
Main Author: Wardley, Peter
Format: Article
Language:English
Subjects:
Coal fuels industry
Coal mining
Coefficients
Economic models
Labor productivity
Productivity
Wage rate
World wars
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Summary:An article by Hirsch and Hausman (Economica, 1983) rekindled a long-standing debate concerning the causes of falling labour productivity in the British coal mining industry during the four decades before the First World War. This paper provides results which correct the econometric estimates of the model presented in the article. Two corrections are made. One relates to a value for the dependent variable in the South Wales case. The other allows for the two year lag which is required by the FIML system specified in the article.
ISSN:0013-0427
1468-0335
DOI:10.2307/2554186