Showing 1 - 8 of 8
This paper asks whether Germany was ever an economically integrated area. I explore the geography of trade costs in a new data set of about 40,000 observations on regional trade flows within and across the borders of Germany over the period 1885 - 1933. There are three key results. First, the...
Persistent link: https://www.econbiz.de/10005151075
This paper examines the timing of exit from the gold-exchange standard for European countries based on a panel of monthly observations 1928-1936 for two purposes: first it aims to understand the enormous variation in monetary policy choices across Europe. I show that the pattern of exit from...
Persistent link: https://www.econbiz.de/10005151078
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and fundamentals as determinants of location choices. The model remains tractable and amenable to empirical analysis because of stochastic shocks to worker productivity, which yield a...
Persistent link: https://www.econbiz.de/10010554887
The paper explores the determinants of industry location across interwar Poland. After more than 120 years ofpolitical and economic separation, Poland was reunified at the end of 1918. In consequence, its industry facedmassive structural changes: the removal of internal tariff barriers and...
Persistent link: https://www.econbiz.de/10005670400
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...
Persistent link: https://www.econbiz.de/10005670452
In analyses of British productivity performance in the 1930s, we have argued that the policy framework adopted in response to macroeconomic shocks was understandable and quite effective in ameliorating short-term adjustment problems but harmful in terms of its long-run supply side implications...
Persistent link: https://www.econbiz.de/10005016974
This paper argues that a geographical perspectie is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and location matter. The tools of the new economic geography are...
Persistent link: https://www.econbiz.de/10005017193
The paper sets out estimates for various aspects of well-being during British industrialisation. Judgements about changes in living standards are shown to be sensitive to weighting procedures. It is argued that recent participants in the famous standards of living controversy have assigned undue...
Persistent link: https://www.econbiz.de/10005017201