A look behind the curtain: Measuring the complex economic effects of regional structural funds in Germany

Arbeitspapier

This paper investigates the mutual impact channels of Germany's major regional policy instrument (GRW) on regional economic development. Different from earlier studies which have predominately focused on a partial assessment of output ef-fects, we explicitly endogenize the factor inputs of the underlying production func-tion. This allows us to comprehensively assess the role of the GRW in driving per capita output, employment, human and physical capital intensities as well as the region's technology level. The results from a spatial panel vector autoregressive model show that GRW funding has significant positive effects on regional output, the employment rate and human capital intensity.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Papers on Innovation and Space ; No. 03.17

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; Regional Development Planning and Policy ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Thema: regional policy ; production function ; factor inputs ; SpPVAR ; impulse-response functions

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Eberle, Jonathan ; Brenner, Thomas ; Mitze, Timo
• Ereignis: Veröffentlichung
• (wer): Philipps-University Marburg, Department of Geography
• (wo): Marburg
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/191651
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ