Advanced Search
MyIDEAS: Login to save this paper or follow this series

The Causes of Post-War Slumps and Miracles. An Evaluation of Olsonian Views on German Economic Performance in the 1920s and the 1950s

Contents:

Author Info

  • Paqué, Karl-Heinz
Registered author(s):

    Abstract

    This paper examines whether the different macroeconomic performances of the German economy in two post-war decades provide evidence for the theory (first advanced by Mancur Olson) that sharp institutional breaks are conducive to economic growth because they destroy the existing network of distributional coalitions. It is shown that the answer to this question is negative because the institutional break in Germany after World War II was much less complete than assumed by Olson and others: all major interest groups quickly regained their traditional strength, and they did so in organizational forms that were not substantially more encompassing than before in the sense of Olson's theory. The paper proposes an alternative interpretation of the relevant periods in terms of stable corporatist institutions that reduce the absorptive capacity of an economy in a symmetric way, thus exacerbating the growth and employment effects of negative and positive exogenous shocks that originate in changes of the terms of trade or the speed of productivity growth.

    Download Info

    If 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.
    File URL: http://www.cepr.org/pubs/dps/DP981.asp
    Download Restriction: CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

    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 Info

    Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 981.

    as in new window
    Length:
    Date of creation: Jul 1994
    Date of revision:
    Handle: RePEc:cpr:ceprdp:981

    Contact details of provider:
    Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.
    Phone: 44 - 20 - 7183 8801
    Fax: 44 - 20 - 7183 8820

    Order Information:
    Email:

    Related research

    Keywords: Collective Bargaining; German Economic History; Institutions and Growth; Theory of Collective Action; Trade Unions;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:981. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    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.