【主讲】Michela Giorcelli (助教授，加州大学洛杉矶分校)
【主题】Reconstruction Aid, Public Infrastructure,and Economic Growth
【时间】2018年5月10日 (周四) 10：00-11：30
【地点】上海财经大学经济学院楼701室
【语言】英文
【摘要】This paper studies the effects of international reconstruction aid on long-termeconomic growth. It exploits plausibly exogenous differences between Italian provincesin the amount of grants disbursed through the Marshall Plan for the reconstruction ofpublic infrastructure. Provinces that received more reconstruction grants experienceda larger increase in the number of industrial firms and workers. Individuals and firmsin these areas also started developing more patents. The same provinces experienced afaster mechanization of the agricultural sector. Motorized machines, such as tractors,replaced workers and significantly boosted agricultural production. Finally, we showhow reconstruction grants induced economic growth by allowing Italian provinces tomodernize their transportation and communication networks damaged during WWII.
