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Recent studies of border effects have focused on the intra-country and inter-country comparison of trade flows. It is found that borders have a negative impact on the size of cross-border trade. In order to estimate border effects on a regional level one needs not only data on inter-country but...
Persistent link: https://www.econbiz.de/10010295519
Using a knowledge production framework and a rich set of plant level data this study demonstrates that in Germany firms …
Persistent link: https://www.econbiz.de/10010295533
West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative … real world case, here West Germany, shows that the model might help to explain regional growth patterns. …
Persistent link: https://www.econbiz.de/10010295576
costs in the Swedish multinational enterprises' (MNEs?) decision to locate in Germany. We find that the location decision is … sensitive to the level of wage costs in Germany and in other potential locations in high-income Europe, but not to the level of … schwedischer Tochtergesellschaften in Deutschland im Vergleich mit denen in anderen Ländern untersucht. Es zeigt sich, dass die …
Persistent link: https://www.econbiz.de/10010295592
The paper bases itself on recent theoretical writings in growth economics that empha-size the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...
Persistent link: https://www.econbiz.de/10010295614
analyze recent stockbuilding trends in Germany, we propose a composite index aggregating information drawn from monthly …
Persistent link: https://www.econbiz.de/10010295636
Inventory fluctuations are an important phenomenon in business cycles. However, the preliminary data on inventory investment as published in the German national accounts are tremendously prone to revision and therefore ill-equipped to diagnose the current stance of the inventory cycle. The Ifo...
Persistent link: https://www.econbiz.de/10010295637
This paper examines the consequences of using "real-time" data for business cycle analysis in Germany based on a novel …
Persistent link: https://www.econbiz.de/10010295638
This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...
Persistent link: https://www.econbiz.de/10010295752
In this paper we estimate a simple New-Keynesian DSGE model with German data for the sample period 1970:q1 to 1998:q4. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute significantly to the determination of inflation...
Persistent link: https://www.econbiz.de/10010295763