company size. This deepens the knowledge in adaption deficits German SME still have and opens different approaches for further …

This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany …, economic ascent in the South. Exploiting plausibly exogenous variation in access to coal, we show that early industrialization … industrialization explains most of the decline in regional inequality observed in the 1960s and 1970s and about half of the current …