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This paper is a first attempt to construct quantitative forecasts for regional growth in Germany using business survey data (BSD) from the German chambers of commerce. A panel approach is used to model the growth rates of the Bundesländer from the year 2000 onwards. The proposed model does well...
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The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany. It emphasises the role of private and public capital accumulation during the developing process. The theoretical part derives fiscal policy rules which establish convergence of...
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