British and German Manufacturing Productivity Compared: A New Benchmark for 1935/36 Based on Double Deflated Value Added
利用德国档案数据和英国普查数据，通过双重缩减增加值方法重新估算1935/36年英德制造业生产率，发现两国在行业层面存在重要差异，并揭示德国为备战经济而追求自给自足。
We present a new estimate of Anglo-German manufacturing productivity levels for 1935/36. It is based on archival data on German manufacturing and published British census data. We calculate comparative levels of value added, correcting for differences in prices for outputs and inputs. This so-called double deflation procedure provides new insights into productivity comparisons because output- and input price structures differed greatly between the two countries. Although the new calculations confirm existing results at an aggregate level, they reveal important differences at the industry level and show how Germany was striving for autarky as it prepared its economy for war.