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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - 2008
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...
Persistent link: https://www.econbiz.de/10010298745
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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - Deutsche Bundesbank - 2008
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...
Persistent link: https://www.econbiz.de/10005083103
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The EU Cohesion Policy in Context : Regional Growth and the Influence of Agricultural and Rural Development Policies
Crescenzi, Riccardo - 2014
This paper looks at the Cohesion Policy of the European Union (EU) and investigates how the EU agricultural and rural development policies shape its influence on regional growth. The analysis of the drivers of regional growth shows that the EU Regional Policy has a positive and significant...
Persistent link: https://www.econbiz.de/10013039777
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Finance and Growth in a Bank-Based Economy : Is it Quantity or Quality that Matters?
Koetter, Michael - 2016
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10012989310
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Does Regional Redistribution Spur Growth?
Koetter, Michael - 2016
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...
Persistent link: https://www.econbiz.de/10012991074
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Infrastructure endowment and investment as determinants of regional growth in the European Union
Crescenzi, Riccardo; Rodríguez-Pose, Andrés - In: EIB papers 13 (2008) 2, pp. 62-101
This paper analyses the role of infrastructure endowment and investment in the genesis of regional growth in the European Union. It assesses the economic effects of the existence and improvement of transport networks in light of their interactions with innovation and local socio-economic...
Persistent link: https://www.econbiz.de/10011497541
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Finance and growth in a bank-based economy : is it quantity or quality that matters?
Koetter, Michael (contributor); Wedow, Michael (contributor) - 2006
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10003315450
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Regional Growth and Migration : A Japan-U.S. Comparison
Barro, Robert J. - 1992
Do poor economies grow faster than rich ones? This important economic question (which we call [beta]-convergence) is … of convergence in both countries: poor prefectures and states grow faster. We also find that there is intraregional as … well as interregional convergence. We analyze the cross sectional standard deviation across prefectures and states. We find …
Persistent link: https://www.econbiz.de/10012474942
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The Quality of Banking and Regional Growth
Hasan, Iftekhar - 2016
We test whether output growth in European economic agglomeration regions depends on financial development. To this end we suggest a relative measure of the quality of financial institutions rather than the usual quantity proxy of financial development. In order to measure the quality of...
Persistent link: https://www.econbiz.de/10012989291
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Regional Growth and Finance in Europe : Is There a Quality Effect of Bank Efficiency?
Hasan, Iftekhar - 2009
In this study, we test whether regional growth in 11 European countries depends on financial development and suggest the use of cost- and profit-efficiency estimates as quality measures for financial institutions. Contrary to the usual quantitative proxies for financial development, the quality...
Persistent link: https://www.econbiz.de/10013158360