It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is proved empirically. Furthermore, making unobserved...

The tertiarization, or perhaps more accurately, the deindustrialization of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings scattered throughout the urban landscape, but also in the income and social structures of cities....

The analysis of regional income and productivity differences in the European Union (EU) has some tradition. The theoretical framework of most empirical studies on these subjects is the neoclassical growth model. Thus, research has focussed on convergence of income and productivity among EU...

Diese Studie zu Prozessen und Erscheinungsformen von Desintegration und Potenzialen der sozialen Kohäsion in Berlin behandelt die Themenbereiche Einkommenspolarisierung, Armutsentwicklung, Migration, sozialräumliche Segregation und politisches Vertrauen.Dabei zeigt sich, dass die...

Investment in public infrastructure is essential to ensure competitiveness and create growth potential. Although Germany certainly has a well-developed infrastructure compared to other countries, local public infrastructure has been in decline for many years now. This means that current levels...

Investitionen in die öffentliche Infrastruktur sind eine wesentliche Voraussetzung für die Sicherung der Wettbewerbsfähigkeit und die Schaffung von Wachstumspotentialen. Zwar besitzt Deutschland im internationalen Vergleich eine durchaus gute Infrastrukturausstattung. Allerdings fährt...

Deindustrialization and Tertiarization and the Polarization of Household Incomes: The Example of German Agglomerations The deindustrialization of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings scattered throughout the...

The construction industry has been a key pillar of the German economy in recent years. New residential construction played a major part in this with the volume of new construction growing nominally by over 60 percent between 2010 and 2014. The development of construction work on existing...