作者：Rutgers University System; Rutgers University New Brunswick
作者：Wheaton College; University of British Columbia
作者：Santa Clara University
作者：University of Regensburg
摘要：The discussion of the rationalization wave in German industry (1924-1929) still lacks proper industry-level estimates of the rate of technological progress. To close part of this gap, this article investigates total factor productivity (TFP) growth in hard coal mining over the extended period 1913-1938. Stochastic Frontier Analysis is applied to a sample of firms from the Ruhr coal district. TFP grew positively overall and specifically from 1924-1929. Surprisingly, however, TFP growth was even...
作者：Bank of Japan
摘要：Standard productivity measures indicate large fluctuations in technology during the Great Depression. This article's historical technology series (1892-1966), controlled for aggregation effects, varying input utilization, non-constant returns, and imperfect competition, does not indicate technology regress such that could trigger the downturn. In contrast, technology improvements in the recovery were so rapid that, over the whole Great Depression period, technology growth was highest among pre...
作者：University of Bonn; Leipzig University
