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explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … prospects of catching up with West Germany during the post-reunification era. We show, first, that the rates of technical change … account for the fact that East Germany was not the socialist showcase for which it was frequently taken before German …
Persistent link: https://www.econbiz.de/10012472735
This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...
Persistent link: https://www.econbiz.de/10012472989
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 …
Persistent link: https://www.econbiz.de/10012462515
We exploit the recent declassification of CIA documents and examine whether there is evidence of US power being used to influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of CIA interventions aimed at installing and...
Persistent link: https://www.econbiz.de/10012462672
We document an empirical relationship between the cross-country adoption of technologies and the degree of long-term historical relatedness between human populations. Historical relatedness is measured using genetic distance, a measure of the time since two populations' last common ancestors. We...
Persistent link: https://www.econbiz.de/10012461386
We study the impact of nationalism and interstate frictions on international economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric...
Persistent link: https://www.econbiz.de/10012458576
In International Relations the canonical model of inter-estate interactions is a one-shot security competition game. The model has the structure of a prisoners dilemma, which results in an equilibrium with two sources of inefficiency: excessive arming and possibly the destruction associated with...
Persistent link: https://www.econbiz.de/10014322731
We present an economic rationale for countries resorting to foreign influence to export their ideology to other nations. Our model incorporates two fundamental elements: redistribution of the tax burden between capital owners and workers, and international capital mobility. The model highlights...
Persistent link: https://www.econbiz.de/10014322786
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies over the past five years suggest the beginning of a new...
Persistent link: https://www.econbiz.de/10014250133
. We study private consumption choices focusing on former East Germany, where differential access to Western television was …
Persistent link: https://www.econbiz.de/10012458263