HISTORY AND INDUSTRY LOCATION: EVIDENCE FROM GERMAN AIRPORTS

• 成果类型: Article
• 署名作者: Redding, Stephen J.; Sturm, Daniel M.; Wolf, Nikolaus
• 署名单位: Princeton University; University of London; London School Economics & Political Science; Humboldt University of Berlin
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00096
• 发表日期: 2011-08
• 页码: 814-831
• 关键词: economic-geography; increasing returns; multiple equilibria; social networks; MARKET; industrialization; BUSINESS

摘要

A central prediction of a large class of theoretical models is that industry location is not uniquely determined by fundamentals. Despite the theoretical prominence of this idea, there is little systematic evidence in support of its empirical relevance. This paper exploits the division of Germany after World War II and the reunification of East and West Germany as an exogenous shock to industry location. Focusing on a particular economic activity, an air hub, we develop a body of evidence that the relocation of Germany's air hub from Berlin to Frankfurt in response to division is a shift between multiple steady states.