| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8470 |
| DP8470 The Economic Impact of Social Ties: Evidence from German Reunification | |
| Konrad Burchardi; Tarek Hassan | |
| 发表日期 | 2011-07-01 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent rise in their personal incomes after the fall of the Berlin Wall. Moreover, the presence of these households significantly affects economic performance at the regional level: it increases the returns to entrepreneurial activity, the share of households who become entrepreneurs, and the likelihood that firms based within a given West German region invest in East Germany. As a result, West German regions which (for idiosyncratic reasons) have a high concentration of households with social ties to the East exhibit substantially higher growth in income per capita in the early 1990s. A one standard deviation rise in the share of households with social ties to East Germany in 1989 is associated with a 4.7 percentage point rise in income per capita over six years. We interpret our findings as evidence of a causal link between social ties and regional economic development. |
| 主题 | Development Economics ; Financial Economics ; International Macroeconomics ; Labour Economics |
| 关键词 | Economic development German reunification Migration Networks Social ties |
| URL | https://cepr.org/publications/dp8470 |
| 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/537307 |
| 推荐引用方式 GB/T 7714 | Konrad Burchardi,Tarek Hassan. DP8470 The Economic Impact of Social Ties: Evidence from German Reunification. 2011. |
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