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With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10010295910
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10010298745
This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10010301178
The paper targets the relationship between growth of cooperation and later growth of innovation at the regional level. Patent data for German regions and eleven subsequent years is used to identify collaborative activity as well as the innovative output in each region. The results confirm to...
Persistent link: https://www.econbiz.de/10010281626
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
Concerns about the duration of China's growth and hence the question of a permanent significant contribution of China … to world economic growth relate, amongst other things, to the problem of reducing regional disparity in China. While … China's high average growth is driven by a small number of rapidly developing provinces, the majority of provinces have …
Persistent link: https://www.econbiz.de/10010273441
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010273849
This paper documents the financial and institutional developments of China during the past two decades, when China was … examine the relationship between financial development and economic growth in China by employing a panel sample covering 31 … markets, institutions, and instruments have been robustly associated with economic growth in China. – institutions ; growth …
Persistent link: https://www.econbiz.de/10010284671
This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most important FDI inflow destinations worldwide. Using a new database from German official statistics, unconditional comparisons as well as binary response model estimations of takeover...
Persistent link: https://www.econbiz.de/10010294465
This paper empirically examines the impact of temporary agency work on firm performance using panel data from German establishments. Thereby, special attention is devoted to the question, whether there are performance differences between firms using temporary agency workers (TAWs) as a buffer...
Persistent link: https://www.econbiz.de/10011390637