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Persistent link: https://www.econbiz.de/10001505571
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany … consistent with the data on government spending in East and West Germany after unification the model suggests that East Germany …
Persistent link: https://www.econbiz.de/10013361013
The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies....
Persistent link: https://www.econbiz.de/10012778597
This working paper was written by Michael Funke (Hamburg University) and Holger Strulik (Hamburg University).The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model,...
Persistent link: https://www.econbiz.de/10014048655
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany … consistent with the data on government spending in East and West Germany after unification the model suggests that East Germany … will reach eighty percent of West Germany's income per capita between 20 and 30 years after unification and that actual …
Persistent link: https://www.econbiz.de/10009781701
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …
Persistent link: https://www.econbiz.de/10013321068
The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies....
Persistent link: https://www.econbiz.de/10005357450
The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that it reflects the observed features of the North and South Korean economies....
Persistent link: https://www.econbiz.de/10005572073
Persistent link: https://www.econbiz.de/10001499925