Vonyó, Tamás (2012) The bombing of Germany: the economic geography of war-induced dislocation in West German industry. European Review of Economic History, 16 (1). pp. 97-118. ISSN 1361-4916
Full text not available from this repository.Abstract
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 urban industry was constrained by a war-induced labour shortage and, therefore, industrial capacities remained underutilized. In contrast, the growth of the rural economy was facilitated by labour expansion, which depressed industrial labour productivity. I apply instrumental variables to account for endogeneity and robust regressions to adjust for the impact of outliers.
| Item Type: | Article |
|---|---|
| Official URL: | http://ereh.oxfordjournals.org/ |
| Additional Information: | © 2012 European Historical Economics Society |
| Divisions: | Economic History |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 07 May 2013 13:43 |
| Last Modified: | 12 Dec 2024 00:14 |
| URI: | http://eprints.lse.ac.uk/id/eprint/50079 |
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