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Germany allows to show that deepening capital may enhance TFP growth if capital is scarce. We also show that there is less …

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municipalities of Saxony (eastern Germany) and North Rhine-Westphalia (western Germany). Findings from the panel data analysis …

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Karmann, Alexander; Sugawara, Shinya - 2022

Germany, our results are consistent with moral hazard due to the generous design of the welfare program, while in Japan, our …

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