TY - JOUR AU - Comin,Diego A. AU - Hobijn,Bart TI - Technology Diffusion and Postwar Growth JF - National Bureau of Economic Research Working Paper Series VL - No. 16378 PY - 2010 Y2 - September 2010 UR - http://www.nber.org/papers/w16378 L1 - http://www.nber.org/papers/w16378.pdf N1 - Author contact info: Diego A. Comin Harvard Business School Soldiers Field Boston, MA 02163 Tel: 617/495-5011 E-Mail: dcomin@hbs.edu Bart Hobijn Federal Reserve Bank of San Francisco Economic Research Department, Mailstop 1130 101 Market Street, 11th floor San Francisco, CA 94105 Tel: 415 974 2314 Fax: 415 974 2168 E-Mail: bart.hobijn@sf.frb.org M1 - published as Diego Comin, Bart Hobijn. "Technology Diffusion and Postwar Growth," in Daron Acemoglu and Michael Woodford, editors, "NBER Macroeconomics Annual 2010, Volume 25" University of Chicago Press (2011) M2 - featured in NBER digest on 2011-02-01 AB - In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies. This acceleration is correlated with the incidence of U.S. economic aid and technical assistance in the same period. We interpret this as supportive of the interpretation that technology transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient countries during the postwar decades. ER -