For spatial data with a sufficiently long time dimension, the concept of «global» cointegration has been recently introduced to the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper,...

Private investment subsidies are a key instrument for regional policy making to foster the economic development in lagging regions. In this paper, we analyze their effect on labor productivity growth for German labor market regions for the period from 1994 to 2006. A spatially augmented...

Die Arbeit untersucht die kausale Beziehung zwischen regionalen Arbeitsmarktvariablen und internen Migrationsstömen für deutsche Bundesländer zwischen 1991–2006. Die Autoren verwenden ein VAR Modell mit Paneldaten zur Identifikation der Feedback Effekte zwischen den Variablen und zur...

Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This revolution has yet to fully propagate to the field of regional science. We examine the scope for application of the matching approach – part of the modern applied econometrics toolkit...

Die Frage nach den Nutzen und Kosten von Studiengebühren prägt die momentane hochschulpolitische Diskussion. In diesem Beitrag quantifizieren wir die Lenkungswirkungen der Studiengebühren im Rahmen eines empirischen Modells zum innerdeutschen Wanderungsverhalten von Studienanfängern für die...

While there is ample evidence on the linkage between public debt and economic growth for national economies, far fewer investigations have been carried out at the subnational level. In this paper, we therefore study the long- and short-term relationship between regional public debt intensities...

Since the introduction of its “open door” policy in the late 1970s, China has been attracting a growing share of FDI inflows and its international trade integration has advanced considerably. In this study, we take a closer look at the regional growth impact of the Chinese...

This paper evaluates the R&D enhancing effects of two large public grant schemes for the German biotechnology industry (BioRegio, BioProfi le). Both grant schemes are organized in the form of contents for cooperation with the goal to foster the performance of innovative firms by their...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...