Industrial innovation and productive structures: The creation of America’s ‘Arsenal of democracy’

Michael Best

Structural Change and Economic Dynamics, 2019, vol. 48, issue C, 32-41

Abstract: This paper uses World War II as a real world laboratory to examine the historical-structural origins of America’s unique systemic capability to create new and transform existing industrial sectors. Between 1935-9 and 1944, US munitions production increased 140 times versus 7 times in Germany while national output nearly doubled.

Keywords: Production transformation; Economic governance; Production engineering; Macroeconomic planning; Bottleneck policy analysis; Triple helix; Production systems; Principle of flow; Bottleneck analysis (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:48:y:2019:i:c:p:32-41

DOI: 10.1016/j.strueco.2017.08.002

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