NDLI: Understanding West German economic growth in the 1950s

Content Provider	Springer Nature Link
Author	Eichengreen, Barry Ritschl, Albrecht
Copyright Year	2008
Abstract	We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than neoclassical convergence and structural change in explaining the rapid growth of the West German economy in the 1950s. We find little support for the hypothesis of institutional shakeup. This suggests a different interpretation of post-World War II German economic growth than features in much of the literature.
Starting Page	191
Ending Page	219
Page Count	29
File Format	PDF
ISSN	18632505
Journal	Cliometrica
Volume Number	3
Issue Number	3
e-ISSN	18632513
Language	English
Publisher	Springer-Verlag
Publisher Date	2009-01-01
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Economic growth Productivity Germany Methodology and the History of Economic Thought Econometrics History Economic Theory
Content Type	Text
Resource Type	Article
Subject	History Economics and Econometrics

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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Understanding West German economic growth in the 1950s