Between 2001 and 2006, about 150,000 jobs were lost in Germany each year. This rather low net change conceals large job flows. Each year, 2.16 million new jobs were generated and at the same time 2.31 million jobs were destroyed, resulting in the net change of 150,000 jobs. The regional...

In this paper, we ask whether it is possible to forecast gross value-added (GVA) and its sectoral sub-components at the regional level. With an autoregressive distributed lag model we forecast total and sectoral GVA for one German state (Saxony) with more than 300 indicators from different...

The debate on localization and urbanization economies usually neglects interdependencies between the two types of economies. This paper addresses this problem by employing an interaction model using German data covering four different sectors for the years 1998 to 2008. We find that localization...