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In this paper we forecast the annual growth rates of the real GDP for each of the 16 German Länder (States) simultaneously. To the best of our knowledge, this is the first attempt in the literature that addresses this question for all German Länder as most of the studies try to forecast the...
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Because of heterogeneity across regions, economic policy measures are increasingly targeted at the regional level. As a result, the need for economic forecasts at a sub-national level is rapidly increasing. The data available to compute regional forecasts is usually based on a pseudo-panel that...
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