Showing 1 - 10 of 38
The German apprenticeship system is widely known throughout the world. We analyze expenditures on vocational schools on county level using data from 213 West-German counties between 2001 and 2006. We use spatial econometrics to test for spatial correlation in counties' expenditure on vocational...
Persistent link: https://www.econbiz.de/10011649071
This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for 𝛽-convergence and 𝜎-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …
Persistent link: https://www.econbiz.de/10013460037
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional effects of international trade, it finds a prominent...
Persistent link: https://www.econbiz.de/10003397477
We develop a macroeconomic model with a moral hazard problem between financial intermediaries and households, which causes inefficient resource allocation, to make us reconsider the financial regulation according to financial development, and individual and aggregate economic activities in the...
Persistent link: https://www.econbiz.de/10014232599
This paper constructs a two-country model of international trade to study how labor market frictions affect industry location patterns, unemployment rates, and fully endogenous productivity growth. We show that when the larger country offers subsidies to labor search costs or reduces...
Persistent link: https://www.econbiz.de/10012024720
In recent years firms have started to offshore their innovation activities to emerging economies. This paper investigates the implications of innovation offshoring for productivity growth in a two-country framework that features a tension between access to technical knowledge and low-cost...
Persistent link: https://www.econbiz.de/10012024736
productivity growth is found within the context of conditional convergence across German regions. With regard to the underlying …
Persistent link: https://www.econbiz.de/10012149931
In this paper we use the NEG framework of the Helpman model to investigate the spatial distribution of wages across German labour market regions under different assumptions. As the assumptions of equal regional price level and equal real wages are strongly rejected for the German economy,...
Persistent link: https://www.econbiz.de/10003865746
In analyzing the disparities of the regional developments in the volume of employment in Germany, in the recent empirical literature so called shift-share-regression-models are frequently applied. However, these models usually neglect spatial interdependencies, even though such interdependencies...
Persistent link: https://www.econbiz.de/10008748286
Gegenstand des Artikels ist die Schätzung einer Translog-Produktionsfunktion, die die Auswirkungen der Bevölkerungsentwicklung auf die Produktion heute und im Jahr 2020 betrachtet. Die Ergebnisse deuten auf eine Entwicklung hin, die zu steigenden Disparitäten führt. Schon heute ist ein...
Persistent link: https://www.econbiz.de/10003849368