Does regional redistribution spur growth?

Michael Koetter and Michael Wedow ()

No 2008,28, Discussion Paper Series 1: Economic Studies from Deutsche Bundesbank, Research Centre

Abstract: After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This suggests that regional redistribution was ineffective, potentially due to a lack of spatial concentration to create growth poles. --

Keywords: Regional growth; redistribution; infrastructure; investment subsidies (search for similar items in EconPapers)
JEL-codes: R11 R58 R42 (search for similar items in EconPapers)
Date: 2008
View list of references

Downloads: (external link)
http://econstor.eu/bitstream/10419/27652/1/200828dkp.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:zbw:bubdp1:7567

Access Statistics for this paper

More papers in Discussion Paper Series 1: Economic Studies from Deutsche Bundesbank, Research Centre
Contact information at EDIRC.
Series data maintained by ZBW - German National Library for Economics ().