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The economics of World War I: A comparative quantitative analysis
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Broadberry, Stephen and Harrison, Mark (2006) The economics of World War I: A comparative quantitative analysis. In: Annual Meeting of the Economic History Association 2005., Toronto, Canada, Sep 16 - 18, 2005. Published in: Journal of Economic History, Vol.66 (No.2). p. 514. doi:10.1017/S0022050706000210 ISSN 0022-0507.
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Official URL: http://dx.doi.org/10.1017/S0022050706000210
Abstract
We draw on the experience of the major combatant countries in World War I to analyse the role of economic factors in determining the outcome of the war and the effects of the war on subsequent economic performance. We demonstrate that the degree of mobilisation for war can be explained largely by differences in the level of development of each country, leaving little room for other factors that feature prominently in narrative accounts, such as national differences in war preparations, war leadership, military organisation and morale. We analyse the effects of the war on subsequent growth performance in terms of the scale of destruction of physical and human capital. Although there was some rebound after the war, it was not enough to undo the negative effects of the capital destruction and the damage to the international institutional framework caused by the war.
Item Type: | Conference Item (Paper) | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions D History General and Old World H Social Sciences |
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Divisions: | Faculty of Social Sciences > Economics Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation |
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Journal or Publication Title: | Journal of Economic History | ||||
Publisher: | Cambridge University Press | ||||
ISSN: | 0022-0507 | ||||
Official Date: | June 2006 | ||||
Dates: |
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Volume: | Vol.66 | ||||
Number: | No.2 | ||||
Number of Pages: | 1 | ||||
Page Range: | p. 514 | ||||
DOI: | 10.1017/S0022050706000210 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access | ||||
Conference Paper Type: | Paper | ||||
Title of Event: | Annual Meeting of the Economic History Association 2005. | ||||
Type of Event: | Other | ||||
Location of Event: | Toronto, Canada | ||||
Date(s) of Event: | Sep 16 - 18, 2005 |
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