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Did closures do any good? Labour productivity, mine dynamics, and rationalization in interwar Ruhr coal mining

Jopp, Tobias A.



Abstract

Throughout the late 1920s, German coal mining saw an exceptional surge in labour productivity, led by the performance of the Ruhr coal mines. It is commonly accepted in the relevant literature that the economy-wide 'rationalization boom' explains that pattern. This study tests the related hypothesis that 'negative rationalization', in the form of a massive wave of mine closures over the period ...

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