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Found 2431 results.
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Publications // 20.11.2024
that early industrialization created a lopsided economic structure dominated by large firms, which reduced adaptive capacity and local innovation. The (time-varying) effect of industrialization explains [...] This paper shows that nineteenth-century industrialization is an essential determinant of the pronounced changes in economic prosperity across German regions over the last 100 years. Using novel data on [...] 1926 and 2019. Exploiting plausibly exogenous variation in access to coal, we show that early industrialization led to a massive decline in the per capita income rank after World War II, as it turned from
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Events // 04.12.2024
the causal impact of cities’ population and industrial specialization on their later dynamics. They find that cities specializing in a small number of industries decline in the long run. The authors develop [...] explaining the distribution of economic activity across industries and cities. Intertemporally, the model can disentangle the role of aggregate industry dynamics from city-specific externalities. They find [...] The paper presented in this Mannheim Applied Seminar studies how cities’ industrial structure shapes their life and death. The authors‘ analysis exploits the large heterogeneity in the early composition
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