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In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the...
Persistent link: https://www.econbiz.de/10009651335
In this paper, we propose an indicator of the homeownership rate based on Internet ads offering the housing for rent and sale. We constructed the HOR estimate using the number of ads in four different markets (flats for rent, flats for sale, houses for rent, and houses for sale). Our HOR...
Persistent link: https://www.econbiz.de/10009360168
The self-employment rate includes entrepreneurs out of opportunity and entrepreneurs out of necessity. While the effect of opportunity entrepreneurs on economic development should be positive, there should be no or a negative effect of necessity entrepreneurship. We use a geographically weighted...
Persistent link: https://www.econbiz.de/10010610721
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10004963803
We suggest to use Internet car sale price advertisements for measuring economic inequality between and within German regions. Our estimates of regional income levels and Gini indices based on advertisements are highly, positively correlated with the official figures. This implies that the...
Persistent link: https://www.econbiz.de/10008554249
The effects of inter-government fiscal arrangements on variation in regional economic growth are analyzed for Russia, a … distortions. We found no negative association between federal transfers and regional growth. Furthermore, there are no major … differences between donor and recipient regions in the way how inter-governmental fiscal arrangements influence regional growth …
Persistent link: https://www.econbiz.de/10005068649
In this paper, we examine beta-convergence of real per-capita income of Chinese counties. We account for both the spatial dependences between counties and the possibility of different convergence regimes. The first feature is captured by the spatial error term, whereas the second one is modeled...
Persistent link: https://www.econbiz.de/10009021613
We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the...
Persistent link: https://www.econbiz.de/10008836255
generate larger direct and overall growth effects than those in services. Moreover, new businesses in innovative manufacturing … growth is not statistically significant, which may be mainly due to their rather small share in all start-ups and because …
Persistent link: https://www.econbiz.de/10009021843
Studies analyzing renewable energy market development usually investigate additional capacity or investment. Characteristics, roles and determinants of cross border trade with renewable energy system components remain blurred. Environmental regulation and renewable energy policies are important...
Persistent link: https://www.econbiz.de/10009325379