PropertyValue
?:abstract
  • We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent rise in their personal incomes after the fall of the Berlin Wall. Moreover, the presence of these households significantly affects economic performance at the regional level: it increases the returns to entrepreneurial activity, the share of households who become entrepreneurs, and the likelihood that firms based within a given West German region invest in East Germany. As a result, West German regions which (for idiosyncratic reasons) have a high concentration of households with social ties to the East exhibit substantially higher growth in income per capita in the early 1990s. A one standard deviation rise in the share of households with social ties to East Germany in 1989 is associated with a 4.6 percentage point rise in income per capita over six years. We interpret our findings as evidence of a causal link between social ties and regional economic development. (xsd:string)
?:author
?:comment
  • (Mikrozensus) (xsd:string)
?:dataSource
  • Mikrozensus-Bibliography (xsd:string)
?:dateModified
  • 2011 (xsd:gyear)
?:datePublished
  • 2011 (xsd:gyear)
?:duplicate
is ?:hasPart of
?:issueNumber
  • 405 (xsd:string)
is ?:mainEntity of
?:name
  • The Economic Impact of Social Ties: Evidence from German Reunification (xsd:string)
?:provider
?:publicationType
  • techreport (xsd:string)
?:sourceInfo
  • (405), 2011 (xsd:string)
  • Bibsonomy (xsd:string)
?:studyGroup
  • Mikrozensus (MZ) (xsd:string)
?:tags
  • 2011 (xsd:string)
  • FDZ_GML (xsd:string)
  • MZ_input2020 (xsd:string)
  • MZ_pro (xsd:string)
  • Mikrozensus (xsd:string)
  • checked (xsd:string)
  • lieferung1 (xsd:string)
  • techreport (xsd:string)
  • wa (xsd:string)
rdf:type
?:url