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In this paper, we assess the accuracy of macroeconomic forecasts at the regional level using a unique data set at quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden-Württemberg) and Eastern Germany. We overcome the problem of a...
Persistent link: https://www.econbiz.de/10011685344
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20 years after the fall of the Berlin Wall there is still a strong division between the economies and labour markets of eastern and western Germany. In the last few years, however, unemployment has been reduced especially in the East, even in times of economic crisis. Within eastern Germany a...
Persistent link: https://www.econbiz.de/10011575251
German separation in 1949 into a communist East and a capitalist West and their reunification in 1990 are commonly described as a natural experiment to study the enduring effects of communism. We show in three steps that the populations in East and West Germany were far from being randomly...
Persistent link: https://www.econbiz.de/10012424969
The main aim of this paper is to enhance our knowledge of the role of regional entrepreneurial culture that is important to foster economic growth. The paper sheds light on regional differences of self-employment and start-up activities in a socialist and post-socialist economy, which is to the...
Persistent link: https://www.econbiz.de/10012172843
The paper focuses on regional determinants of entrepreneurship. It basically asks the question which effect different regional characteristics have on new business formation rates in an economy where the level of start-up activity is more or less "zero" across regions since entrepreneurship is...
Persistent link: https://www.econbiz.de/10012167951
In recent years peripheral regions, such as Guimarães, in the Northwest of Portugal, has been experiencing the expansion of its tourism industry. This occurred, may be, as part of the wish felt by a large number of tourists of reaching "unspoilt" landscapes and more "authentical" experiences...
Persistent link: https://www.econbiz.de/10011527455
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In recent times, the attention given to the importance of tourism as a particularly efficient way to promote regional development has significantly increased, owing to the capacity of tourism to create income and employment and to generate synergies within other economic sectors. Tourism is...
Persistent link: https://www.econbiz.de/10011543861
Mardin represents a distinctive variety of natural and cultural resources. It is considered a major destination for seasonal tourism in Turkey. However, the city suffers from a serious shortage in urban infrastructure necessary for sustainable tourism development. A field survey is carried out...
Persistent link: https://www.econbiz.de/10011550701