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Bohemians, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009

An emerging literature on the geography of bohemians argues that a region’s lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there...

Persistent link: https://www.econbiz.de/10003857750

The phantom of the opera : cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2010

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10008688861

Dynamic clusters

Falck, Oliver; Heblich, Stephan - 2007

Globalization has had an enormous impact on traditional industrial structures. It seems almost the case that everything is everywhere the same. And yet, in reality, some regions in a single industrialized country enjoy rapid economic growth while others are downsizing or stagnating. Thus there...

Persistent link: https://www.econbiz.de/10009744908

Bohemians, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009

An emerging literature on the geography of bohemians argues that a region's lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there has...

Persistent link: https://www.econbiz.de/10003861818

Regional effects of federal tax shocks

Hayo, Bernd; Uhl, Matthias - 2012

This paper studies regional output asymmetries following U.S. federal tax shocks. We estimate a vector autoregressive model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find considerable variations: estimated output multipliers lie...

Persistent link: https://www.econbiz.de/10009534065

Innovationstätigkeit von Unternehmen : die Rolle von Qualifikationen, Kooperationen und Clusterpolitik

Falck, Oliver; Kipar, Stefan; Woessmann, Ludger - 2011

Die vorliegende Studie wurde im Arbeitsbereich Humankapital und Innovation erstellt und im Dezember 2010 abgeschlossen. Sie wurde durch das Bayerische Staatsministerium für Wirtschaft, Infrastruktur, Verkehr und Technologie gefördert. Gegenstand der Studie ist es, die Innovationstätigkeit von...

Persistent link: https://www.econbiz.de/10011747621

Housing market convergence : evidence from Germany

Unal, Umut; Hayo, Bernd; Erol, Isil - 2022

This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for 𝛽-convergence and 𝜎-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …

Persistent link: https://www.econbiz.de/10013460037

Economic growth and business cycle forecasting at the regional level

Lehmann, Robert - 2016

Persistent link: https://www.econbiz.de/10011441957

Bohemians, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009

Persistent link: https://www.econbiz.de/10008909282

The phantom of the opera : cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2010

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasinatural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10008859834