G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6357
DP6357 Protocol Design and (De-)Centralization
Hans Peter Grüner
发表日期2007-06-22
出版年2007
语种英语
摘要A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of these ideas, there is surprisingly little systematic evidence on their empirical relevance. This paper exploits the combination of the division of Germany after the Second World War and the reunification of East and West Germany as an exogenous shock to industry location. We focus on a particular economic activity and establish that division caused a shift of Germany's air hub from Berlin to Frankfurt and there is no evidence of a return of the air hub to Berlin after reunification. We develop a body of evidence that the relocation of the air hub is not driven by a change in economic fundamentals but is instead a shift between multiple steady-states.
主题International Trade and Regional Economics
关键词Economic geography German division German reunification Industry location
URLhttps://cepr.org/publications/dp6357
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535187
推荐引用方式
GB/T 7714
Hans Peter Grüner. DP6357 Protocol Design and (De-)Centralization. 2007.
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