Second World War spending and local economic activity in US counties, 1939-58

Price Fishback, Joseph A. Cullen

Research output: Contribution to journalArticle

21 Scopus citations

Abstract

Studies of the development of local economies often point to large-scale Second World War military spending as a source of economic growth, even though spending declined sharply after demobilization. We examine the relationship between war spending per capita and the changes in economic activity in US counties between 1939 before the war and a period several years after the war. In the longer term counties receiving more war spending per capita during the war experienced greater population growth, but growth in per capita measures of economic activity showed little relationship with per capita war spending.

Original languageEnglish (US)
Pages (from-to)975-992
Number of pages18
JournalEconomic History Review
Volume66
Issue number4
DOIs
StatePublished - Nov 1 2013

ASJC Scopus subject areas

  • History
  • Economics and Econometrics

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