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Technology Diffusion and Postwar Growth

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  • Diego A. Comin
  • Bart Hobijn

Abstract

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.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 16378.

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Date of creation: Sep 2010
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Publication status: published as Technology Diffusion and Postwar Growth , Diego Comin, Bart Hobijn. in NBER Macroeconomics Annual 2010, Volume 25 , Acemoglu and Woodford. 2011
Handle: RePEc:nbr:nberwo:16378

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Cited by:
  1. Rod Tyers & Jenny Corbett, 2012. "Japan's economic slowdown and its global implications: a review of the economic modelling," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 26(2), pages 1-28, November.
  2. repec:cge:warwcg:61 is not listed on IDEAS
  3. Broadberry, Stephen & Giordano, Claire & Zollino, Francesco, 2011. "A Sectoral Analysis of Italy's Development: 1861 -2010," CAGE Online Working Paper Series 62, Competitive Advantage in the Global Economy (CAGE).
  4. Dutz, Mark A. & O'Connell, Stephen D., 2013. "Productivity, innovation and growth in Sri Lanka : an empirical investigation," Policy Research Working Paper Series 6354, The World Bank.
  5. Guido Buenstorf & Michael Fritsch & Luis Medrano, 2010. "Regional Knowledge and the Emergence of an Industry: Laser Systems Production in West Germany, 1975Ð2005," Papers in Evolutionary Economic Geography (PEEG) 1016, Utrecht University, Section of Economic Geography, revised Nov 2010.
  6. Dutz, Mark A. & Kessides, Ioannis & O'Connell, Stephen & Willig, Robert D., 2011. "Competition and innovation-driven inclusive growth," Policy Research Working Paper Series 5852, The World Bank.
  7. Antonio Cubel & Vicente Esteve & M. Teresa Sanchis & Juan A. Sanchis-Llopis, 2014. "The Effect Of Foreign And Domesctic Patents On Total Factor Productivity During The Second Half Of The 20th Century," Working Papers 1404, Department of Applied Economics II, Universidad de Valencia.

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