Subsidization and structural change in Eastern German transition : did economic policy meet its objectives?

by Katja Gerling

Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural effects of investment subsidization as one of the core policy instruments by means of an error-correction model of factor demand and output. It intends to find out whether investment subsidization contributes to creating competitive economic structures, employment and growth or whether it just fosters an exaggerated capital intensity.

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Year of publication:	August 2000
Authors:	Gerling, Katja
Publisher:	Kiel (Germany) : Kiel Institute of World Economics
Subject:	Subsidization \| transition \| factor demand \| substitution \| panel estimation \| Investitionspolitik \| Investment policy \| Wirkungsanalyse \| Impact assessment \| Faktornachfrage \| Factor demand \| Faktorsubstitution \| Factor substitution \| Kapitalintensität \| Capital intensity \| Schätzung \| Estimation \| Wirtschaftliche Anpassung \| Economic adjustment \| Beschäftigungseffekt \| Employment effect \| Produktivität \| Productivity \| Ostdeutschland \| East Germany \| Deutschland <Östliche Länder> \| Strukturwandel \| Wirtschaftspolitik \| 1991-1998

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Extent:	1 Online-Ressource (circa 102 Seiten) Illustrationen
Series:	Kiel working paper. - Kiel : [Verlag nicht ermittelbar], ISSN 1862-1155, ZDB-ID 2107612-1. - Vol. no. 998
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/17698 [Handle]
Classification:	C51 - Model Construction and Estimation ; C33 - Models with Panel Data ; H20 - Taxation, Subsidies, and Revenue. General ; E24 - Employment; Unemployment; Wages ; E23 - Production ; E22 - Capital; Investment (including Inventories); Capacity ; Wirtschaftssektoren: Allgemeines
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011472466