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Economic Growth and Convergence in Germany

Title data

Herz, Bernhard ; Röger, Werner:
Economic Growth and Convergence in Germany.
In: Weltwirtschaftliches Archiv. Vol. 131 (March 1995) Issue 1 . - pp. 132-143.
ISSN 0043-2636
DOI: https://doi.org/10.1007/BF02709075

Abstract in another language

The empirical analysis gives clear evidence of regional convergence in West Germany: poorer regions tend to grow faster than richer ones. In the period 1957–88, the speed of convergence was around 4 percent per year, implying a halving of the difference between actual and steady-state income every 16 years. While our empirical findings on convergence are of a similar magnitude as found by studies for the US and Europe by Barro and Sala-i-Martin (1991) and Mankiw et al. (1990), they indicate however a somewhat faster speed of adjustment for Germany. Also the pattern of a deceleration of the speed of convergence in recent years is similar to the developments found in these two regions.

Further data

Item Type: Article in a journal
Refereed: Yes
Institutions of the University: Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I > Chair Economics I - Univ.-Prof. Dr. Bernhard Herz
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 30 Nov 2017 08:18
Last Modified: 30 Nov 2017 08:18
URI: https://eref.uni-bayreuth.de/id/eprint/40601