Wirkungen der Investitionsförderung in Ostdeutschland

Investment in East Germany is heavily subsidized. Econometric estimates based on a treatment approach show that the level of investment is significantly higher in firms being supported by state aid. Nevertheless, capital productivity is lower in East Germany, indicating a misallocation of capital. Additionally, there are negative effects in West Germany due to negative crowding-out effects. Therefore state aid in East Germany should be reduced in the medium run.

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Year of publication:	2003
Authors:	Ragnitz, Joachim
Publisher:	Halle (Saale) : Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
Subject:	Investitionspolitik \| Wirkungsanalyse \| Neue Bundesländer

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Series:	IWH Discussion Papers ; 186/2003
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	German
Other identifiers:	751404004 [GVK] hdl:10419/77021 [Handle] RePEc:zbw:iwhdps:iwh-186 [RePEc]
Classification:	O52 - Europe ; R11 - Regional Economic Activity: Growth, Development, and Changes ; R38 - Government Policy ; R58 - Regional Development Policy
Source:	EconStor

Persistent link: https://www.econbiz.de/10010316360