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We present new investment data and revised growth accounts for three socialist economies between 1950 and 1989. Government statistics reported distorted measures for both the rate and trajectory of productivity growth in Czechoslovakia, Hungary, and Poland. Researchers have benefited from...
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This paper reveals the impact of wartime destruction in urban housing on regional economic growth in West Germany between 1939 and 1950. I demonstrate econometrically that the German economy remained severely dislocated as long as the urban housing stock had not been rebuilt. The recovery of...
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