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dc.contributor.authorSchnellenbach, Janen
dc.contributor.authorBaskaran, Thushyanthanen
dc.contributor.authorFeld, Lars P.en
dc.date.accessioned2009-09-15-
dc.date.accessioned2010-05-20T14:38:06Z-
dc.date.available2010-05-20T14:38:06Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/32652-
dc.description.abstractWe analyze the rise and decline of the steel and mining industries in the regions of Saarland, Lorraine und Luxemburg over a long period, from the mid-19th century to 2003. Our main focus in on the period of structural decline in these industries after the second world war. Differences in the institutional framework of these regions are exploited to analyze how the broader fiscal constitution sets incentives for governments to either obstruct or to encourage structural change in the private sector. Our main result is that fiscal autonomy of a region subjected to structural change in its private sector is associated with a relatively faster decline of employment in the sectors affected. Contrary to the political lore, fiscal transfers are not used to speed up the destruction of old sectors, but rather to stabilize incomes.en
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x0908en
dc.subject.jelE63en
dc.subject.jelE64en
dc.subject.jelH77en
dc.subject.jelH54en
dc.subject.ddc330en
dc.subject.keywordstructural changeen
dc.subject.keywordscal federalismen
dc.subject.keywordgrants in aiden
dc.subject.keywordcreative destructionen
dc.titleCreative destruction and fiscal institutions: A long-run case study of three regions-
dc.typeWorking Paperen
dc.identifier.ppn608743801en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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