Understanding West German economic growth in the 1950s
AbstractWe 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Association Française de Cliométrie (AFC) in its journal Cliometrica, Journal of Historical Economics and Econometric History.
Volume (Year): 3 (2009)
Issue (Month): 3 (October)
Economic growth; Productivity; Germany;
Other versions of this item:
- Barry Eichengreen & Albrecht Ritschl, 2008. "Understanding West German Economic Growth in the 1950s," SFB 649 Discussion Papers SFB649DP2008-068, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Barry Eichengreen & Albrecht Ritschl, 2008. "Understanding West German economic growth in the 1950s," Economic History Working Papers 22304, London School of Economics and Political Science, Department of Economic History.
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
- N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Temple, Jonathan, 2001. "Structural Change and Europe's Golden Age," CEPR Discussion Papers 2861, C.E.P.R. Discussion Papers.
- Booth, Alan & Melling, Joseph & Dartmann, Christoph, 1997. "Institutions and Economic Growth: The Politics of Productivity in West Germany, Sweden, and the United Kingdom, 1945–1955," The Journal of Economic History, Cambridge University Press, vol. 57(02), pages 416-444, June.
- Gillingham,John, 1991. "Coal, Steel, and the Rebirth of Europe, 1945–1955," Cambridge Books, Cambridge University Press, number 9780521400596, November.
- Broadberry, S. N. & Crafts, N. F. R., 1992.
"Britain's Productivity Gap in the 1930s: Some Neglected Factors,"
The Journal of Economic History,
Cambridge University Press, vol. 52(03), pages 531-558, September.
- Broadberry, S.N. & Crafts, N.R.F., 1990. "Britain'S Productivity Gap In The 1930s : Some Neglected Factors," The Warwick Economics Research Paper Series (TWERPS) 364, University of Warwick, Department of Economics.
- Crafts, Nicholas & Toniolo, Gianni, 1995. "Post-war Growth: An Overview," CEPR Discussion Papers 1095, C.E.P.R. Discussion Papers.
- Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(02), pages 385-406, June.
- Buchheim, Christoph & Scherner, Jonas, 2006. "The Role of Private Property in the Nazi Economy: The Case of Industry," The Journal of Economic History, Cambridge University Press, vol. 66(02), pages 390-416, June.
- Broadberry, Stephen N., 1993.
"Manufacturing and the Convergence Hypothesis: What the Long-Run Data Show,"
The Journal of Economic History,
Cambridge University Press, vol. 53(04), pages 772-795, December.
- Broadberry, Stephen N, 1992. "Manufacturing and the Convergence Hypothesis: What the Long Run Data Show," CEPR Discussion Papers 708, C.E.P.R. Discussion Papers.
- Broadberry S. N. & Ritschl A., 1995. "Real Wages, Productivity, and Unemployment in Britain and Germany during the 1920's," Explorations in Economic History, Elsevier, vol. 32(3), pages 327-349, July.
- Temin, Peter, 2002. "The Golden Age of European growth reconsidered," European Review of Economic History, Cambridge University Press, vol. 6(01), pages 3-22, April.
- Lindlar, Ludger & Holtfrerich, Carl-Ludwig, 1997. "Geography, exchange rates and trade structures: Germany's export performance since the 1950s," European Review of Economic History, Cambridge University Press, vol. 1(02), pages 217-246, August.
- Edwards,Jeremy & Fischer,Klaus, 1996. "Banks, Finance and Investment in Germany," Cambridge Books, Cambridge University Press, number 9780521566087, November.
- Madsen, Jakob B., 2010.
"Growth and capital deepening since 1870: Is it all technological progress?,"
Journal of Macroeconomics,
Elsevier, vol. 32(2), pages 641-656, June.
- Jakob B. Madsen, 2009. "Growth And Capital Deepening Since 1870: Is It All Technological Progress?," Monash Economics Working Papers 10-09, Monash University, Department of Economics.
- Braun, Sebastian & Kvasnicka, Michael, 2013. "Immigration and Structural Change: Evidence from Post-War Germany," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79864, Verein für Socialpolitik / German Economic Association.
- Braun, Sebastian & Kvasnicka, Michael, 2012.
"Immigration and Structural Change: Evidence from Post-War Germany,"
IZA Discussion Papers
6690, Institute for the Study of Labor (IZA).
- Sebastian Braun, Michael Kvasnicka, 2012. "Immigration and Structural Change: Evidence from Post-war Germany," Kiel Working Papers 1778, Kiel Institute for the World Economy.
- Sebastian Braun & Michael Kvasnicka, 2012. "Immigration and Structural Change – Evidence from Post-war Germany," Ruhr Economic Papers 0345, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karine Pellier).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.