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We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398
In this paper we analyse the impact of R&D on total factor productivity across Chinese provinces. We introduce innovations explicitly into a production function and evaluate their contribution to economic growth in 1993 - 2006. The empirical results highlight the importance and the interaction...
Persistent link: https://www.econbiz.de/10013156763
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10013320558
Persistent link: https://www.econbiz.de/10000957656
Persistent link: https://www.econbiz.de/10000622060
Persistent link: https://www.econbiz.de/10001647458
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10001653763
Persistent link: https://www.econbiz.de/10013430425
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany … derives fiscal policy rules which establish convergence of regional output per capita and convergence of regional human wealth …. To assess the speed of convergence the model is calibrated with German data. Given a fiscal policy rule that is …
Persistent link: https://www.econbiz.de/10013361013
The objective of this paper is to address the question of convergence across German districts in the first decade after … particular, we follow a distributional approach to convergence based on kernel density estimation and implement a number of tests …
Persistent link: https://www.econbiz.de/10013318277