作者:Wellesley College; National Bureau of Economic Research
摘要:The U.S. home ownership rate rose by 10 percentage points between 1940 and 1945, despite severe restrictions on construction during World War II. I investigate whether wartime rent control played a role in this shift. The empirical test exploits variation in rent reductions across cities that had similar increases in rents prior to control. This variation does not appear to be correlated with underlying trends also driving home ownership. Greater initial rent reductions led to larger increases...
作者:HSE University (National Research University Higher School of Economics)
摘要:Do human capital endowments trump location for knowledge-intensive industries? This article takes advantage of a natural experiment created by the end of the Soviet planned economy in 1991, which had geographically distributed R&D manpower according to planned needs as opposed to a distribution determined by a market economy. It examines the extent to which the planned economy created a path-dependence in the location of post-Soviet human-capital intensive production. The study finds that regi...
作者:University of Groningen; Wageningen University & Research
摘要:Labor productivity in German manufacturing lagged persistently behind the United States in the early twentieth century. Traditionally, this is attributed to dichotomous technology paths across the Atlantic. However, various industry case studies suggest rapid diffusion of U.S. technologies in Germany. We develop a novel decomposition framework based on Data Envelopment Analysis (DEA) to reconcile these findings. We conclude that by 1936 inefficient assimilation of modern production techniquesa...
作者:Leibniz Association; Ifo Institut; University of Mannheim