Does regional redistribution spur growth?

Michael Koetter; Michael Wedow

After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This suggests that regional redistribution was ineffective, potentially due to a lack of spatial concentration to create growth poles. -- regional growth ; redistribution ; infrastructure ; investment subsidies

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Year of publication:	08 Dec. 2008
Other Persons:	Koetter, Michael (contributor) ; Wedow, Michael (contributor)
Publisher:	Frankfurt, M. : Dt. Bundesbank
Subject:	Regionalpolitik \| Regional policy \| Subvention \| Subsidy \| Wirkungsanalyse \| Impact assessment \| Regionales Wachstum \| Regional growth \| Wirtschaftliche Konvergenz \| Economic convergence \| Ostdeutschland \| East Germany \| Westdeutsche Bundesländer \| West Germany \| Deutschland \| Germany \| 1992-2005

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Extent:	Online-Ressource, (16 S., 594 KB) graph. Darst.
Series:	Discussion paper / Deutsche Bundesbank. - Frankfurt, M. : Dt. Bundesbank, ZDB-ID 2125061-3.
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Zsfassungen in dt. und engl. Sprache Systemvoraussetzungen: Acrobat Reader
ISBN:	978-3-86558-474-8
Other identifiers:	hdl:10419/27652 [Handle]
Classification:	R11 - Regional Economic Activity: Growth, Development, and Changes ; R42 - Government and Private Investment Analysis ; R58 - Regional Development Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003794113