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Profit Sharing in British Industry, 1865-1913

Hatton, T (1987) Profit Sharing in British Industry, 1865-1913. UNSPECIFIED. CEPR Discussion Papers.

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Abstract

Some 300 profit-sharing schemes were introduced in Britain between 1865 and 1913. These were intended both to raise labour productivity and to improve industrial relations in the firms concerned. These schemes appear to have increased significantly the wages of eligible workers but were frequently abandoned after an initial period of experiment. Analysis of data concerning these schemes indicates that the method of payment and the size of firm played important roles in the survival of the schemes, but that the probability of abandonment increased with the duration of the scheme.

Item Type: Monograph (UNSPECIFIED)
Uncontrolled Keywords: English Economic History; Industrial Relations; Labour Productivity; Profit-Sharing
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 19 Jul 2012 13:16
Last Modified: 17 Aug 2017 18:09
URI: http://repository.essex.ac.uk/id/eprint/3361

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