Regional per Capita-Income - The Importance of Region-Specific Production Factors

Artikel

Endowment with infrastructure, human and cultural capital is highly significant for regional economic performance. After clustering the regions, this hypothesis is tested for Austrian, German and Swiss NUTS 3 regions by applying a quantile regression analysis. First results confirm the hypothesis for all factors. However, coefficients differ significantly both between clusters as well as among the quantiles of each cluster. Furthermore, insights into the regions' efficiency in using these factors are generated: investments into region-specific factors will not push the regional economy automatically, but the under- or above-average efficiency has to be taken into account.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Swiss Journal of Economics and Statistics ; ISSN: 2235-6282 ; Volume: 145 ; Year: 2009 ; Issue: 2 ; Pages: 155-185 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Hypothesis Testing: General ; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock ; Economic Development: Human Resources; Human Development; Income Distribution; Migration ; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure ; Cultural Economics; Economic Sociology; Economic Anthropology: General
• Subject: Quantile regression ; regional efficiency ; infrastructure ; human capital ; cultural capital

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fornahl, Dirk ; Schaffer, Axel Johannes ; Siegele, Jochen
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2009

Further information

• DOI: doi:10.1007/BF03399279
• Handle: http://hdl.handle.net/10419/185913
• Last update: 10.03.2025, 11:46 AM CET