Regional industrial policy emphasizes the notion of building on existing concentrations of competitive firms. A range of measures to identify such concentrations has been put forward in the literature. These however do not identify substantial concentrations which have the best potential for...

Regional Economic Growth Across Space and TimeSummaryThe focus of this study is the interregional growth process over time within countries. The issue of economic convergence both within and across countries has proved to be an intuitively appealing one for economists and policymakers alike. An...

The paper bases itself on recent theoretical writings in growth economics that emphasize the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a...

El reciente aumento de los precios de la vivienda en China a nivel nacional oculta una gran variación a nivel de ciudades, una característica que ha pasado relativamente desapercibida en la literatura de las políticas macroprudenciales. Este artículo se enfoca en medir la heterogeneidad en...