Second World War Spending and Local Economic Activity in US Counties, 1939–58

18 Pages Posted: 11 Oct 2013

See all articles by Price V. Fishback

Price V. Fishback

University of Arizona; National Bureau of Economic Research (NBER)

Joseph Cullen

University of Arizona - Department of Economics

Date Written: November 2013

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.

Suggested Citation

Fishback, Price V. and Cullen, Joseph, Second World War Spending and Local Economic Activity in US Counties, 1939–58 (November 2013). The Economic History Review, Vol. 66, Issue 4, pp. 975-992, 2013, Available at SSRN: https://ssrn.com/abstract=2338838 or http://dx.doi.org/10.1111/j.1468-0289.2012.00677.x

Price V. Fishback (Contact Author)

University of Arizona ( email )

Tucson, AZ 85721-0108
United States
520-621-4421 (Phone)
520-621-8450 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Joseph Cullen

University of Arizona - Department of Economics ( email )

McClelland Hall
Tucson, AZ 85721-0108
United States

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