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来源类型Working Paper
规范类型报告
DOI10.3386/w16141
来源IDWorking Paper 16141
From Russia with Love: The Impact of Relocated Firms on Incumbent Survival
Oliver Falck; Christina Guenther; Stephan Heblich; William R. Kerr
发表日期2010-06-24
出版年2010
语种英语
摘要We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non-economic factors and heuristics rather than existing industrial conditions. Relocating firms increased the likelihood of incumbent failure in destination regions, a pattern that differs sharply from new entrants. We further provide evidence that these effects are due to increased competition for local resources.
主题Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Development ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w16141
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573815
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Oliver Falck,Christina Guenther,Stephan Heblich,et al. From Russia with Love: The Impact of Relocated Firms on Incumbent Survival. 2010.
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