In our analysis of the impact of new business formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on...

Audretsch and Fritsch (2002) proposed two explanations for the mixed evidence regarding the relationship between new firm formation and regional development. Firstly, they found evidence for the existence of long time lags needed before the main effects of new firm formation on employment change...

Die neuen Leitbilder und Handlungsstrategien für die Raumentwicklung in Deutschland greifen die veränderten räumlichen Rahmenbedingungen auf, wie sie sich vor dem Hintergrund der Globalisierung und des demographischen Wandels in den letzten Jahren herauskristallisiert haben. Eine...

"State per capita incomes became more disperse during the contraction phase of the Great Depression, and less disperse during the recovery phase. We investigate the effects of geography, industry structure, bank failures and fiscal policies on state income growth during each phase. We find that...