Closing the prosperity gap between regions has always been a key political aspiration of the European Union - and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How...

We examine the sources and micro-level mechanisms of the changes in the labor share of value added. We link the micro-level dynamics of the labor share change with that of productivity and wage growth. Using a useful variant of the decomposition method we make a distinction between the change in...

We use longitudinal data over a decade on start-ups and employment in Swedish regions and analyze the effect of start-ups on subsequent employment growth. We extend previous analyses by examining the influence of regional start-ups in a sector on regional employment growth in the same sector and...

Nationale und internationale Transformationsprozesse machen an den Grenzen einzelner Regionen nicht halt, sondern beeinflussen deren weiteren Entwicklungsverlauf maßgeblich. Gerade strukturschwache Regionen sind in besonderer Weise von Transformationsprozessen betroffen, da Strukturschwäche...

[Einleitung] Die aktuellsten Zahlen des Arbeitskreises "Volkswirtschaftliche Gesamtrechnung der Länder" haben Politiker, Medien und die Wirtschaft in Nordrhein-Westfalen (NRW) in Aufruhr versetzt. Denn gemessen am Wachstum des Bruttoinlandsprodukts, der zentralen Maßeinheit des...

Understanding adjustment processes has become central in economics. Empirical analysis is fraught with the problem that the target is usually unobserved. This paper develops, simulates and applies GMM methods for estimating dynamic adjustment models in a panel data context with partially...