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Konvergenz- und Wachstumseffekte der europäischen Regionalpolitik in Deutschland

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  • Wolfgang Eggert
  • Maximilian von Ehrlich
  • Robert Fenge
  • Günther König

Abstract

This article analyses the impact of EU structural policy on the economic development of German regions between 1995 and 2004. In this period East-German regions have converged, while regional disparities have been increasing in West-Germany. In addition East-German Landkreise have caught up with poor western regions. However the overall gap between rich and poor Landkreise has risen. Economic theory describes a trade-off between regional convergence and aggregate growth. Our empirical findings support this hypothesis. It is shown that the EU's regional transfers speed up convergence, but have a negative impact on long-run aggregate growth. Copyright 2007 die Autoren Journal compilation 2007, Verein für Socialpolitik und Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

Volume (Year): 8 (2007)
Issue (Month): 2 (03)
Pages: 130-146

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Handle: RePEc:bla:perwir:v:8:y:2007:i:2:p:130-146

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  1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October.
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  9. Michele Boldrin & Fabio Canova, 2001. "Inequality and convergence in Europe's regions: reconsidering European regional policies," Economic Policy, CEPR & CES & MSH, vol. 16(32), pages 205-253, 04.
  10. Martin, Philippe & Rogers, Carol Ann, 1995. "Industrial location and public infrastructure," Journal of International Economics, Elsevier, vol. 39(3-4), pages 335-351, November.
  11. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
  12. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  13. William Easterly, 2003. "Can Foreign Aid Buy Growth?," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 23-48, Summer.
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