A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

The paper aims at testing Florida's concept of the Creative Class using panel data for 323 West German regions for the time period 1975-2004. We apply two different es-timation methods, a panel VAR for the complete data set and a dynamic system ap-proach based on GMM for a modified data set...

This paper examines the influence of environmental factors on technical, cost, scale and revenue efficiency of German savings banks in 2001‐2005. Taking into account growing regional disparities in economic wealth and population size, it differentiates between declining and growing regions....

Growth and jobs are top concerns for policy makers confronting difficult economic conditions in many OECD countries. Sub-national governments are important contributors to national growth, but in many cases their economies are struggling as well. Faced with tight fiscal conditions, all levels of...

This paper presents recent work undertaken at the OECD to produce environmental indicators at the regional level from geographic data sources. New indicators have been tested and produced in five different domains: a) land cover, b) forest ecosystems, c) urban density, d) CO2 emissions, e) air...

This paper investigates the relationship between regional autonomy and the quality of governments in 171 European regions. We employ a novel dose-response approach that allows us to identify the distribution of the effect of decentralization on quality of governments. We find that the...

Regions with high population agglomeration have always been important centers of growth throughout history. However, little is known about the economic spillovers an agglomerated region produces on its neighboring areas. In this paper, I look at the effect of growth of an agglomerated county on...

Government subsidies to the manufacturing sector are popular in developing countries. This paper studies the long-run effects of a large-scale regional industrialization campaign in China, known as the “Third Front" (TF) construction. Motivated by national defense considerations, the TF...