Learning from Experience and Learning from Others: An Exploration of Learning and Spillovers in Wartime Shipbuilding
- (pp. 1350-1368)
AbstractA new data set facilitates study of learning spillovers in World War II shipbuilding. Our results contain two principal but contrasting themes. First, learning spillovers were a significant source of productivity growth, and may have contributed more than conventional learning effects. Second, the size of the learning externalities across yards, as measured by Spence's theta, were small. These findings, which are not mutually inconsistent, suggest an optimistic view of learning spillovers: they are a significant source of productivity growth, but the market failures induced by learning externalities may be modest.
CitationThornton, Rebecca, Achee, and Peter Thompson. 2001. "Learning from Experience and Learning from Others: An Exploration of Learning and Spillovers in Wartime Shipbuilding." American Economic Review, 91 (5): 1350-1368. DOI: 10.1257/aer.91.5.1350
- L62 Automobiles; Other Transportation Equipment
- D83 Search; Learning; Information and Knowledge; Communication; Belief
- N72 Economic History: Transport, Trade, Energy, Technology, and Other Services: U.S.; Canada: 1913-
- O33 Technological Change: Choices and Consequences; Diffusion Processes