Plausibly Exogenous [1509] - Market System (03/20/2024)
LHS Variable
Innovation
RHS Variable
Market system
Source of Exogenous Variation
After World War II, the optimal firm Zeiss was split into two independent companies — one located in Oberkochen, West Germany, and the other in Jena, East Germany
- Finkelstein et al. (2012), “Did socialism fail to innovate? A natural experiment of the two Zeiss companies”