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After 20 years of transition from an economy integrated in an exchange scheme of planned economies towards an open market economy based on the ideas of competition, we ask whether East German firms succeeded in finding their place in the international division of labour. We concentrate on the...
Persistent link: https://www.econbiz.de/10003893733
The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with...
Persistent link: https://www.econbiz.de/10009579297
We develop a composite indicator measuring the performance of national innovation systems. The indicator takes into account both "hard" factors that are quantifiable (such as R&D spending, number of patents) and "soft" factors like the assessment of preconditions for innovation by managers. We...
Persistent link: https://www.econbiz.de/10009427853
East German wages have been below the West German wage level since unification. Moreover, the East-West wage gap implied by the contractual wages specified in collective wage agreements is drifting ever further apart from the wage gap in terms of effective wages. This paper looks at the role of...
Persistent link: https://www.econbiz.de/10002372295
This paper takes up a phenomenon in European geographical development: the simultaneity of regional economic convergence on the one hand and the continued spatial concentration of economic activities on the other. Overall, the disparities in productivity and income between regions in the...
Persistent link: https://www.econbiz.de/10003123426
Persistent link: https://www.econbiz.de/10001972760