Abstract: Public budgets in Germany developed favorable during the last years. Currently there is a broad discussion on how to spend unexpected budget surpluses: tax reductions and a various number of spending purposes are on the agenda. Many of the proposals overlook that existing surpluses...

Summary In the aftermath of Germany’s reunification, redesigning their product range was a major challenge for East-German enterprises. At the same time, there were growing signs that Western enterprises reacted to globalization and European integration by increasingly pursuing strategies of...

Since Eastern Germany's conversion to a market economy wages have remained considerably below the West German wage level. This article looks at the role of establishment-specific factors—such as sectoral affiliation and size of the labour force—in this process. A non-parametric decomposition...

<i> Regional Productivity Differences: Theoretical Predictions and Empirical Evidence for Western Europe </i> (di Kurt Geppert*, Martin Gornig*, Andreas Stephan) - ABSTRACT: There has been a long tradition of empirical research on regional productivity, particularly with reference to the neoclassical...

This book analyzes growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective,...

In the afermath of Germany's reunification, redesigning their product range was a major challenge for East-German enterprises. At the same time, there were growing signs that Western enterprises reacted to globalization and European integration by increasingly pursuing strategies of...