Guns and Butter - But no Margarine: The Impact of Nazi Economic Policies on German Food Consumption, 1933-38

Weitere URL:	http://opus.ub.uni-hohenheim.de/volltexte/2011/531...
Dokumenttyp:	Arbeitspapier
Erscheinungsjahr:	2010
Titel einer Zeitschrift oder einer Reihe:	FZID Discussion Papers
Band/Volume:	23
Ort der Veröffentlichung:	Stuttgart
Verlag:	Univ. Hohenheim, Forschungszentrum Innovation und Dienstleistung
ISSN:	1867-934X , 1868-0720
Sprache der Veröffentlichung:	Englisch
Einrichtung:	Fakultät für Rechtswissenschaft und Volkswirtschaftslehre > Wirtschaftsgeschichte (Streb 2011-)
Fachgebiet:	330 Wirtschaft 900 Geschichte
Freie Schlagwörter (Englisch):	NS economy
Abstract:	The German population's material standard of living during the 'peace years' of the Nazi regime (1933-38) is much debated. We use hitherto disregarded consumption data and the axiom of revealed preferences to test whether the material standard of living improved. We find that the food consumption bundle realized in 1935-36 must have been inferior to that of 1927-28 although GDP per capita was much higher. Even in 1937-38 consumers were probably worse off compared to 1927-28. We conclude that increasing consumption constraints forced German consumers to a diet and thus to a material standard of living that were much more frugal than national income figures suggest.