Regionale Produktionsfunktionen mit Spillover-Effekten für Deutschland – Empirischer Befund und wirtschaftspolitische Implikationen
AbstractThis paper examines a translog production function for Germany, which is based on endogenous growth theory. The spatial econometric estimation of this function shows that involved factors of production have a significant positive effect on the output. The knowledge spillovers are quite weak, especially in East German regions. Because individuals do not internalize spillovers, a governmental intervention could be founded. Marginal products of labor and human capital vary, so wage agreements should be more flexible. Some peripheral regions seem to be short of human capital because many high skilled workers move away from there. Allen's partial elasticities of substitution show indirect effects of investment promotion on employment and of some job creation programs on capital-labor ratio.
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Bibliographic InfoArticle provided by Duncker & Humblot, Berlin in its journal Schmollers Jahrbuch.
Volume (Year): 125 (2005)
Issue (Month): 2 ()
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Web page: http://www.duncker-humblot.de
Find related papers by JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
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- Christoph Jeßberger & Maximilian Sindram & Markus Zimmer, 2010.
"Global Warming Induced Water-Cycle Changes and Industrial Production – A Scenario Analysis for the Upper Danube River Basin,"
Ifo Working Paper Series
Ifo Working Paper Nr. 94, Ifo Institute for Economic Research at the University of Munich.
- Christoph Jessberger & Maximilian Sindram & Markus Zimmer, 2011. "Global Warming Induced Water-Cycle Changes and Industrial Production – A Scenario Analysis for the Upper Danube River Basin," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 231(3), pages 415-439, June.
- Hans-Friedrich Eckey & Reinhold Kosfeld & Nina Muraro, 2009. "Auswirkungen der Bevölkerungsentwicklung auf das wirtschaftliche Niveau der Regionen in Deutschland," MAGKS Papers on Economics 200901, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
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