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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
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The Phantom of the Opera : Cultural Amenities, Human Capital, and Regional Economic Growth
Falck, Oliver - 2020
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/10012857538
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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
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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 δ-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …
Persistent link: https://www.econbiz.de/10014322584
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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
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The phantom of the opera : cultural amenities, human capital, and regional economic growth
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - In: Labour economics : official journal of the European … 18 (2011) 6, pp. 755-766
Persistent link: https://www.econbiz.de/10009536171
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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
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The apple doesnt́ fall far from the tree : location of start-ups relative to incumbents
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10003796305
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The apple doesn't fall far from the tree : location of start-ups relative to incumbents
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2008
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10003803496
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It's All in Marshall : The Impact of External Economies on Regional Dynamics
Audretsch, David B. - 2015
Marshall's student Pigou noted: quot;It's all in Marshall.quot; From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept...
Persistent link: https://www.econbiz.de/10012750329