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The Economic Consequences of U.S. Mobilization for the Second World War /
A reminder that war is not always, or even generally, good for long-term growth Many believe that despite its destructive character, war ultimately boosts long-term economic growth. For the United States this view is often supported by appeal to the experience of the Second World War, understood as...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New Haven, CT :
Yale University Press,
[2022]
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| Temas: | |
| Acceso en línea: | Texto completo Texto completo |
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| 100 | 1 | |a Field, Alexander J., |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 4 | |a The Economic Consequences of U.S. Mobilization for the Second World War / |c Alexander J. Field. |
| 264 | 1 | |a New Haven, CT : |b Yale University Press, |c [2022] | |
| 264 | 4 | |c ©2022 | |
| 300 | |a 1 online resource (456 p.) : |b 25 b-w illus. | ||
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| 505 | 0 | 0 | |t Frontmatter -- |t Contents -- |t Preface and Acknowledgments -- |t Abbreviations -- |t 1 • The Impact of War Mobilization on Economic Potential -- |t 2 • Manufacturing Productivity Before, During, and After World War II -- |t 3 • What Kind of Miracle Was the U.S. Synthetic Rubber Program? -- |t 4 • Petroleum, Paukenschlag, and Pipelines -- |t 5 • From Priorities Unemployment to Labor Shortage -- |t 6 • Bright Shiny Objects Learning by Doing and Postwar Potential Output -- |t 7 • Are Patent Data Consistent with the Productivity Numbers? -- |t 8 • Productivity Growth in the Rest of the Economy -- |t 9 • Military Distribution and Its Legacy -- |t 10 • Do You Believe in Magic? -- |t Notes -- |t Bibliography -- |t Index |
| 506 | 0 | |a restricted access |u http://purl.org/coar/access_right/c_16ec |f online access with authorization |2 star | |
| 520 | |a A reminder that war is not always, or even generally, good for long-term growth Many believe that despite its destructive character, war ultimately boosts long-term economic growth. For the United States this view is often supported by appeal to the experience of the Second World War, understood as a triumph of both production and productivity. Alexander Field shows that between 1941 and 1945 manufacturing productivity actually declined, depressed by changes in the output mix and resource shocks from enemy action, including curtailed access to natural rubber and, on the Eastern Seaboard, petroleum. The war forced a shift away from producing goods in which the country had a great deal of experience toward those in which it had little. Learning by doing was only a partial counterbalance to the intermittent idleness and input hoarding that characterized a shortage economy and dragged down productivity. The conflict distorted human and physical capital accumulation and once it ended, America stopped producing most of the new goods. The war temporarily shut down basic scientific research and the ongoing development of civilian goods. U.S. world economic dominance in 1948, Field shows, was due less to the experience of making war goods and more to the country's productive potential in 1941. | ||
| 538 | |a Mode of access: Internet via World Wide Web. | ||
| 546 | |a In English. | ||
| 588 | 0 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 03. Jan 2023) | |
| 650 | 0 | |a Industrial mobilization |z United States |x History |y 20th century. | |
| 650 | 0 | |a Manufacturing industries |z United States |x History |y 20th century. | |
| 650 | 0 | |a World War, 1939-1945 |x Economic aspects |z United States. | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Economic History. |2 bisacsh | |
| 773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Yale University Press Complete eBook-Package 2021 |z 9783110739237 |
| 773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Yale University Press Complete eBook-Package 2022 |z 9783110749779 |
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