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Industrial policy and the East German productivity puzzle

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dc.creator Klodt, Henning
dc.date 2000
dc.date.accessioned 2013-10-16T06:36:42Z
dc.date.available 2013-10-16T06:36:42Z
dc.date.issued 2013-10-16
dc.identifier German economic review 1465-6485 1 2000 3 315-333
dc.identifier doi:10.1111/1468-0475.00016
dc.identifier http://hdl.handle.net/10419/2475
dc.identifier ppn:31929059X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2475
dc.description Catching-up of East German productivity to West German levels has completely faded out since the mid-1990s. The remaining productivity gap cannot be attributed to an inferior capital endowment or qualification deficiencies of the East German labor force. Instead, it appears to be the result of an inappropriate design of industrial policy which concentrated on the subsidization of physical capital and largely ignored the advance of human capital- and service-intensive industrial structures. East Germany will have to face another wave of painful structural adjustment when capital-intensive industries are no longer protected from competition by public subsidies.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Produktivität
dc.subject Wirtschaftliche Anpassung
dc.subject Industriepolitik
dc.subject Investitionspolitik
dc.subject Kapitalintensität
dc.subject Neue Bundesländer
dc.title Industrial policy and the East German productivity puzzle
dc.type doc-type:article


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