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quickly with West Germany, mainly because the capital stock was modernised and expanded. Convergence, however, has almost come …
Persistent link: https://www.econbiz.de/10011821514
convergence, East Germany, transition, economic growth … quickly with West Germany, mainly because the capital stock was modernised and expanded. Convergence, however, has almost come …
Persistent link: https://www.econbiz.de/10011821053
Persistent link: https://www.econbiz.de/10010431617
. While the primary measure for convergence and catching up is per capita output, we also look at other macroeconomic … studies of convergence between regions of reunified Germany, our approach is purely based upon the time series dimension and … process. In our analysis, we find evidence of catching up for East Germany for most of the indicators. However, convergence …
Persistent link: https://www.econbiz.de/10010271406
This paper reviews the performance of the East German economy in the turbulent quarter-century following reunification and draws some conclusions for the reunification of North and South Korea. In this period, the gap in output per capita between East and West Germany declined at a speed not far...
Persistent link: https://www.econbiz.de/10011725376
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10003794113
A standard Solow model is augmented to allow for subsidies of infrastructure investment. The model is applied to districts of the East German state Brandenburg. Earlier scientific criticism of a subsidy policy in favor of the remote, underdeveloped regions in Brandenburg is refuted both on...
Persistent link: https://www.econbiz.de/10014060749
We analyse the effect of public Research and Development (R&D) subsidies on private sector innovativeness for a cross-section of East German firms applying different matching estimations, which are primary based on an estimate of a propensity score. To do so, we use a until now unexplored...
Persistent link: https://www.econbiz.de/10011332627
We analyse the effect of public Research and Development (R&D) subsidies on private sector innovativeness for a cross-section of East German firms applying different matching estimations, which are primary based on an estimate of a propensity score. To do so, we use a until now unexplored...
Persistent link: https://www.econbiz.de/10011574912
30 years after the fall of the Berlin Wall, no full convergence of the economic performance and the living conditions … discusses possible reasons for the lack of convergence such as the legacy of the planned economy, economic policy mistakes made … erosion of market forces are discussed. This leads to economic policy recommendations to achieve full convergence of the …
Persistent link: https://www.econbiz.de/10012107378