The French Depression in the 1930s

被引：18

作者：

Beaudry, P

Portier, F

机构：

[1] Univ British Columbia, CIAR, Vancouver, BC V6T 1Z4, Canada

[2] NBER, Vancouver, BC V6T 1Z4, Canada

[3] Univ Toulouse 1, F-31042 Toulouse, France

[4] CEPR, F-31042 Toulouse, France

来源：

REVIEW OF ECONOMIC DYNAMICS | 2002年 / 5卷 / 01期

关键词：

France; depression; growth accounting; technological change;

D O I：

10.1006/redy.2001.0143

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that, first, in contradiction with the conventional view regarding the French depression, there are more similarities than differences between the French and U.S. episodes in the 1930s, which suggests the need for an explanation with a similar cause; second, technological change (regression or stagnation) is neither sufficient nor necessary to account for the French depression; and third, institutional and market regulation changes provide an explanation that is quantitatively plausible, but the causes of those changes arc still to be explained. (C) 2002 Elsevier Science.

引用

页码：73 / 99

页数：27