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Machine tools and mass production in the armaments boom

Germany and the United States, 1929-44

Bibliographic Data

ID3715142
AuthorsCristiano Andrea Ristuccia (Faculty of Economics and Trinity Hall University of Cambridge), Adam Tooze (Department of History Yale University)
Year2013
Volume66
Issue4
Pages953-974
Publication date2013-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic History Review (JOURNAL)
Journal identifiersISSN: 0013-0117 • E-ISSN: 1468-0289
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0289.2012.00675.x
OpenAlexW1891908388
LanguageEN
Citations received7
References cited34

This article anatomizes the 'productivity race' between Nazi Germany and the US over the period from the Great Depression to the Second World War in the metalworking industry. We present novel data that allow us to account for both the quantity of installed machine tools and their technological type. Hitherto, comparison of productive technologies has been limited to case studies and well-worn narratives about US mass production and European-style flexible specialization. Our data show that the two countries in fact employed similar types of machines combined in different ratios. Furthermore, neither country was locked in a rigid technological paradigm. By 1945 Germany had converged on the US both in terms of capital-intensity and the specific technologies employed. Capital investment made a greater contribution to output growth in Germany, whereas US growth was capital-saving. Total factor productivity growth made a substantial contribution to the armaments boom in both countries. But it was US industry, spared the war's most disruptive effects, that was in a position to take fullest advantage of the opportunities for wartime productivity growth. This adds a new element to familiar explanations for Germany's rapid catch-up after 1945

Art · Boom · Capital (architecture) · Capital investment · Economic growth · Economics · Economy · Industrial organization · Investment (military) · Labour economics · Macroeconomics · Political science · Production (economics) · Productivity · Total factor productivity · Economic Growth and Productivity · Engineering · Historical Economic and Social Studies · Italy: Economic History and Contemporary Issues

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Unique citing works7
Citations per year0,58
Citation span2014 - 2024 (11)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 6

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