We investigate price level convergence on the base of regional data for 439 German districts. Prices refer to the overall consumer price index as well as to the index without housing prices. To increase the efficiency of the testing framework, the analysis is based on panel unit root tests....

We investigate price index convergence on the base of regional data for 439 German districts. Prices refer to the overall consumer price index as well as to the index without housing prices. To increase the efficiency of the testing framework, a panel unit root analysis is performed, where cross...

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal drivers are crucial to explain price developments. On the...

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal drivers are crucial to explain price developments. On the...

Der Freistaat Sachsen und die weiteren ostdeutschen Bundesländer haben sich in den vergangenen 20 Jahren auf vielen Feldern positiv entwickelt. Dazu gehören insbesondere die wirtschaftliche Entwicklung, die Verbesserung der Umweltsituation, der Ausbau der Infrastrukturen (u. a. in den...

Firms competitive strategies and performances in industrialised countries is increasingly based on assets, labelled as “intangible capital”, such as the inventions of new processes and products, the improvements of the employees skill, the creation of a reputation for company’s products....

Our paper investigates how diversity of the labor force influences the rate of new firm formation and the performance of new firms in urban areas. A diversified labor force within the firm and in the external environment influences the formation, survival and growth of firms. We explore these...

In this paper we examine the existence of destination, industry, and generic export spillovers at the regional level. The empirical analysis is conducted by examining data on export activity of one hundred three Italian NUTS 3 regions, the ten industries with the highest export values in the...