Factors of Successful Local Economic Policies: An Empirical Research of East German Cities
AbstractIn the period after 1995, successful economic policies in East German cities consisted of a balanced mix of traditional instruments (consulting, real estate management, investing in infrastructure) and modern, competition-oriented activities (citymarketing, modernizing administrative structures, cooperating on a local level and public-private-partnerships). There is certain evidence that differences in local economic policies have an effect on local growth. At the current level of intergovernmental competition among East German municipalities, there are no signs of a ruinous race in subsidies. Discriminating subsidies even have a negative effect on the business climate in cities that have implemented these.
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Bibliographic InfoPaper provided by University of Kassel, Institute of Economics in its series Discussion Papers in Economics with number 51/03.
Length: 25 pages
Date of creation: 2003
Date of revision:
local economic policies regional competition East German municipalities;
Find related papers by JEL classification:
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
- H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects
- R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
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