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Threshold effects and regional economic growth - evidence from West Germany

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  • Funke, Michael
  • Niebuhr, Annekatrin

Abstract

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a trimodal distribution. Thus, application of the threshold model to a real world case, here West Germany, shows that the model might help to explain regional growth patterns. -- Ausgangspunkt der Analyse ist ein Modell überlappender Generationen der Humankapitalakkumulation mit Schwellenwert-Effekten. Die empirische Überprüfung des Modells basiert auf einem regionalen Datensatz für Westdeutschland. Das zentrale Ziel der Untersuchung ist es, Erkenntnisse zum Wachstum westdeutscher Regionen zu liefern. Den Ergebnisse der empirischen Analyse zufolge ist die relative Einkommensverteilung der westdeutschen Regionen durch eine Aufgliederung in drei unterschiedliche Konvergenzclubs gekennzeichnet. Die Resultate weisen darauf hin, dass das Schwellenwert-Modell zur Erklärung regionaler Wachstumsprozesse beitragen kann.

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Bibliographic Info

Paper provided by Hamburg Institute of International Economics (HWWA) in its series HWWA Discussion Papers with number 136.

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Date of creation: 2001
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Handle: RePEc:zbw:hwwadp:26141

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Keywords: Regional Economic Growth; Human Capital; Germany;

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References

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  1. Canova, Fabio, 2001. "Testing for convergence clubs in income per-capita : a predictive density approach," HWWA Discussion Papers 139, Hamburg Institute of International Economics (HWWA).
  2. Jushan Bai, 1995. "Estimating Multiple Breaks One at a Time," Working papers 95-18, Massachusetts Institute of Technology (MIT), Department of Economics.
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Citations

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Cited by:
  1. R. Basile & S. Usai, 2012. "Analysis of regional endogenous growth," Working Paper CRENoS 201211, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  2. Thomas Straubhaar & Marc Suhrcke & Dieter Urban, 2002. "Divergence – Is it Geography?," Development Working Papers 158, Centro Studi Luca d\'Agliano, University of Milano.
  3. Hierro, Mara & Maza, Adolfo, 2009. "Structural shifts in the dynamics of the European income distribution," Economic Modelling, Elsevier, vol. 26(3), pages 733-739, May.
  4. Koetter, Michael & Poghosyan, Tigran, 2010. "Real estate prices and bank stability," Journal of Banking & Finance, Elsevier, vol. 34(6), pages 1129-1138, June.
  5. Roberta Colavecchio & Declan Curran & Michael Funke, 2005. "Drifting Together or Falling Apart? The Empirics of Regional Economic Growth in Post-Unification Germany," CESifo Working Paper Series 1533, CESifo Group Munich.
  6. Giuseppe Arbia & Michele Battisti & Gianfranco Di Vaio, 2009. "Institutions and geography: Empirical test of spatial growth models for European regions," Quaderni del Dipartimento di Economia, Finanza e Statistica 72/2009, Università di Perugia, Dipartimento Economia, Finanza e Statistica.
  7. Koetter, Michael & Wedow, Michael, 2008. "Does regional redistribution spur growth?," Discussion Paper Series 1: Economic Studies 2008,28, Deutsche Bundesbank, Research Centre.
  8. Emiliano Giudici & André Mollick, 2008. "Convergence in the Eastern Caribbean States," The Annals of Regional Science, Springer, vol. 42(4), pages 893-909, December.

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