Heblich, Stephan; Falck, Oliver; Guenther, Christina; … - Department of Economics, University of Stirling - 2011
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 … effects are due to increased competition for local resourc es. …