GOVERNMENT SPENDING ON STRUCTURAL CHANGE FOR THE DESTRUCTION IN SECOND WORLD WAR

  • Dr. Jennifer Fernandes

Abstract

This paper examines the since quite a while ago run impacts of the biggest government spending program in U.S. history–Second World War safeguard spending – on underlying change in neighborhood economies. We connect a dataset of war supply contracts with monetary information at the region level crossing from 1930 to 2000. Utilizing regions that got no protection spending as an examination gathering and controlling for prewar attributes, we find that wartime safeguard spending prompted supported redistribution of work to fabricating and other non-agrarian areas in war creation focuses, adding to the long haul populace development in those areas..

 

Published
2020-01-20
Issue
Vol. 22 No. 1 (2020): Vol 22 No. 1 (2020)
Section
Articles