Threshold Effects and Regional Economic Growth – Evidence from West Germany
نویسندگان
چکیده
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 what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal distribution. Thus, application of the threshold model to a real world case, here West Germany, shows that the model might help to explain regional growth patterns. JEL Classification: J24, O40, R11, C31.
منابع مشابه
Regional Geographic Research and Development Spillovers and Economic Growth: Evidence from West Germany
F M. and N A. (2005) Regional geographic research and development spillovers and economic growth: evidence from West Germany, Regional Studies 39, 143–153. The paper is based on recent theoretical writings in growth economics that emphasise the effects of both own research and development efforts and of interregional technology spillovers on regions’ productivity. It proposes robust e...
متن کاملIran’s Resistance Economy and Regional Integration
Iran’s ‘resistance economy’ is sometimes presented as defensive strategy. Despite Washington’s ‘New Middle East’ wars and the rapid evaporation of expected benefits from the long JCPOA (nuclear deal) process, a certain illusion remains that a general ‘normalisation’ with the outside powers might still bring economic benefits to the country. Nevertheless, it remains true that, while Iran is a la...
متن کاملExternal Factors Affecting Firm Growth: Evidence from Small Scale Manufacturing Firms in Tigray Regional State of Ethiopia
It is widely agreed that small scale enterprises (SSEs) used to play a crucial role in achieving the industrial and economic development. Though SSEs play indispensable economic role, studies are limited to analyze the external factors that affect the growth of SSEs independently. Therefore, the objective of this paper is to examine the effect of external firm factors influencing small scale ma...
متن کاملKoreaâs Growth, Trade and Energy Imports: New Evidence for Regional Comprehensive Partnership Analysis
The paper uses economic and energy data analysis and econometric modeling to study the prospects and challenges of Koreaâs 2003 FTA Roadmap (MOFAT 2013) in the form of potential comprehensive partnerships with its major trade and energy partners. It first reviews Koreaâs international economic and trade relations in recent years with a focus on its major merchandise export destinations an...
متن کاملAn Investigation of the Impact of Government Size on Economic Growth: New Evidence from Selected MENA Countries
This paper investigates the impact of government size on economic growth in selected economies of the MENA countries by using a non-linear panel data approach over the period 1990-2011. The estimation results of Panel Smooth Threshold Regression model show that when the level of government consumption is very large, the positive impact of labor force on growth is intensified. On the other hand,...
متن کامل