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The long persistence of regional entrepreneurship culture : Germany 1925 - 2005

Fritsch, Michael; Wyrwich, Michael - 2012

We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80...

Persistent link: https://www.econbiz.de/10009579325

Incentive effects of fiscal equalization : has Russian style improved?

Frejnkman, Lev M.; Cholodilin, Konstantin Arkadʹevič; … - 2009

The effects of inter-government fiscal arrangements on variation in regional economic growth are analyzed for Russia, a country with large cross-regional differences and considerable fiscal redistribution. Moreover, fiscal reforms implemented in the first half of 2000s, which followed to some...

Persistent link: https://www.econbiz.de/10003863070

Does accounting for spatial effects help forecasting the growth of Chinese provinces?

Girardin, Eric; Cholodilin, Konstantin Arkadʹevič - 2009

In this paper, we make multi-step forecasts of the annual growth rates of the real GRP for each of the 31 Chinese provinces simultaneously. Beside the usual panel data models, we use panel models that explicitly account for spatial dependence between the GRP growth rates. In addition, the...

Persistent link: https://www.econbiz.de/10003889550

Can internet ads serve as an indicator of homeownership rates?

Cholodilin, Konstantin Arkadʹevič; Mense, Andreas - 2011

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/10009579621

Internet-based hedonic indices of rents and prices for flats : example of Berlin

Cholodilin, Konstantin Arkadʹevič; Mense, Andreas - 2012

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/10009580150

Measuring regional inequality by internet car price advertisements : evidence for Germany

Cholodilin, Konstantin Arkadʹevič; Siliverstovs, Boriss - 2010

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/10009260252

Do regions with entrepreneurial neighbors perform better? : A spatial econometric approach for German regions

Pijnenburg, Katharina; Cholodilin, Konstantin Arkadʹevič - 2011

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/10009308905

Does quality make a difference? : Employment effects of high- and low-quality start-ups

Fritsch, Michael; Schroeter, Alexandra - 2011

This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation with sectors and innovative industries, strongly influences the direct and the overall employment...

Persistent link: https://www.econbiz.de/10009427856

New business formation and regional development : a survey and assessment of the evidence

Fritsch, Michael - 2011

This paper reviews the current state of knowledge about the effect of new business formation on regional development. After a brief sketch of the origins of research on this issue, the main results of different lines of inquiry are discussed. Main issues are the development of start-up cohorts,...

Persistent link: https://www.econbiz.de/10009427859

Are geese flying by themselves inside China? : An LSTR-SEM approach to income convergence of Chinese counties

Cholodilin, Konstantin Arkadʹevič; Girardin, Eric - 2011

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 … model the estimated convergence rate is 0.8% for unconditional regression and 1.7% for condtional regression, the …

Persistent link: https://www.econbiz.de/10009427871