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What was the impact of railroads in the output of the United States during the 19th century and how can a New Trade …. Third, I estimate ounterfactuals with the railroads built up to a certain year. My estimates suggest that there was a lot of … the railroads were made suddenly unavailable in 1890 there would have been a 9.6% reduction in output, but in 1900, after …
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The Dutch drinking water sector experienced two drastic changes over the last 10 years. Firstly, in 1997, the sector association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly, merger activity arose. This paper develops a tailored...
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This paper studies the effects of aggregate, industry-, and firm-specific factors on the exit hazard rates in the market for daily newspapers in The Netherlands from 1950 to 1996. We present a brief overview of the exit literature. On the basis of the existing empirical evidence, we decided to...
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