Technology Diffusion and Postwar Growth / Diego A. Comin, Bart Hobijn.

Format:

Book

Author/Creator:

Comin, Diego A.

Contributor:

National Bureau of Economic Research.

Hobijn, Bart.

Series:

Working Paper Series (National Bureau of Economic Research) no. w16378.

NBER working paper series no. w16378

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2010.

Summary:

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.

Notes:

Print version record

September 2010.