The two Germanies: information technology and economic divergence, 1949-1989
Economists faced challenges when seeking to reconcile the observed low productivity in East Germany with official data indicating that East Germany's per-capita income was two-thirds the West German level. An alternative approach to addressing this problem is based on the effect of new information and communication technologies. By applying a simple correction for changes in the quality of production, it is possible to identify the late 1960s as the approximate time when economic growth in East Germany started to trail behind that of West Germany. This break is seen to come at the same time as the diffusion of new information and communication technologies.
Publication Name: Journal of Institutional & Theoretical Economics
The role of the state in economic growth
Government involvement in economic development is examined throughout history, with lessons drawn for modern economies.
Publication Name: Journal of Economic Studies
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