Determinants of mine closures in a declining industry: The example of West German hard-coal mining after World War Two

Tobias A. Jopp

Economics Letters, 2023, vol. 226, issue C

Abstract: We apply competing-risks-regression to explain mine closures in German hard coal mining over 1948–1978, the phase of most intense closure activity. The single-most important determinant was mine size, serving as proxy for fixed costs; being a large mine lengthened survival time. Labor productivity, in turn, did not inform closure decisions.

Keywords: Closure; Hard coal; Competing risks; Germany; Mining (search for similar items in EconPapers)
JEL-codes: C41 L71 N14 N54 Q35 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:226:y:2023:i:c:s0165176523001210

DOI: 10.1016/j.econlet.2023.111096

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