Market access and the arrow of time

We revisit the natural experiments of division and unification of Germany now that more time has passed and more data have become available. We show that local market access shocks are not symmetric in time. The negative shock to local market access following the division of Germany lead to a fast a...

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Bibliographic Details
Main Authors: Klein, Marius (Author) , Rauch, Ferdinand (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Heidelberg Universitätsbibliothek Heidelberg 14 Feb. 2023
Series:AWI discussion paper series no. 724 (February 2023)
In: AWI discussion paper series (no. 724 (February 2023))

DOI:10.11588/heidok.00032871
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Online Access:Resolving-System, kostenfrei: https://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-328712
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Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/32871
Verlag, kostenfrei: http://archiv.ub.uni-heidelberg.de/volltextserver/32871/7/Klein_Rauch_2023_dp724.pdf
Resolving-System, kostenfrei: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-328712
Langzeitarchivierung Nationalbibliothek, kostenfrei: https://d-nb.info/1281009296/34
Resolving-System, kostenfrei: https://hdl.handle.net/10419/278338
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Author Notes:Marius Klein and Ferdinand Rauch
Description
Summary:We revisit the natural experiments of division and unification of Germany now that more time has passed and more data have become available. We show that local market access shocks are not symmetric in time. The negative shock to local market access following the division of Germany lead to a fast and strong downward adjustment of the size of West-German cities near the new border. In contrast, the positive shock of reunification did not lead to any change in their relative size, even three decades after the German reunification.
Physical Description:Online Resource
DOI:10.11588/heidok.00032871