Northern French coal companies’ performances in 1935-45: a panel data analysis
Gil Montant ()
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Gil Montant: University of Caen
No 7024, Working Papers from Economic History Society
Abstract:
"In the first part of her book on European collieries from 1945 to 1958, R. Perron (1996) underlines the lack of quantitative data and difficulties in the obtaining of new data in the 1939-1945 sub-period . In this analysis, we try to partially remedy to this problem through the use of an original statistical material on NPC collieries. An historical approach is associated to an economic approach in order to study the strategic behaviour of NPC coal companies from 1935 to 1945. More precisely, our approach aims to test the hypothesis of a change in the firms’ behaviour associated with the change from a competitive economy to a state- controlled economy. Our analysis is based on panel data. The historical approach permits us to present the main characteristics concerning the economic environment inside which companies operate during the period studied. By taking into account historical facts, we postulate a change in 1939, so that we consider two sub- periods. Next, an economic approach is undertaken in two main steps. First, we take into account several theoretical results derived from Industrial Organisations in order to construct our econometric model. Next, we estimate our model on the two sub-periods defined from the historical approach. This econometric approach permits us to test the hypothesis of a change in NPC coal firms’ behaviour in 1939 and to evaluate the degree of relevance of the historical approach."
JEL-codes: N00 (search for similar items in EconPapers)
Date: 2007-04
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