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Threshold effects and regional economic growth : evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2002
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10001653763
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Growth and convergence in a two-region model of unified Germany
Funke, Michael; Strulik, Holger - 1999
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany. It emphasises the role of private and public capital accumulation during the developing process. The theoretical part derives fiscal policy rules which establish convergence of...
Persistent link: https://www.econbiz.de/10013361013
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Threshold effects and regional economic growth – Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2001
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a...
Persistent link: https://www.econbiz.de/10010295576
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Spatial R&D spillovers and economic growth: Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2000
The paper bases itself on recent theoretical writings in growth economics that empha-size the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...
Persistent link: https://www.econbiz.de/10010295614
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The undisclosed renminbi basket: are the markets telling us something about where the renminbi - US dollar exchange rate is going?
Funke, Michael; Gronwald, Marc - 2008
On 21 July 2005 China adopted an undisclosed basket exchange rate regime. We formally assess and envisage the gradual …
Persistent link: https://www.econbiz.de/10010264340
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The US-China Phase One Trade Deal: An Economic Analysis of the Managed Trade Agreement
Funke, Michael; Wende, Adrian - 2021
In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … for China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive … (negative) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected …
Persistent link: https://www.econbiz.de/10012582008
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The US-China Phase One Trade Deal : An Economic Analysis of the Managed Trade Agreement
Funke, Michael; Wende, Adrian - 2021
In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … for China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive … (negative) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected …
Persistent link: https://www.econbiz.de/10013239330