Author

Contributions

  • Hobijn, Bart - Contributor
  • Harvard Business School - Contributor

Publication

2010 - Harvard Business School, Boston, Massachusetts

Language

English

Word Count

15,250 words, Guess

Page Count

61 pages

Identifiers

Description

In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies. This acceleration is correlated with the incidence of U.S. economic aid and technical assistance in the same period. We interpret this as supportive of the interpretation that technology transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient countries during the postwar decades. Keywords: wars, economic growth, technology adoption, cross-country studies.

Subjects

Series Statement

  • Working paper / Harvard Business School -- 11-027

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