at Google ScholarTitle data
Herz, Bernhard ; Röger, Werner:
Economic Growth and Convergence in Germany.
In: Weltwirtschaftliches Archiv.
Vol. 131
(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 - International Economics and Finance Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I - International Economics and Finance > Chair Economics I - International Economics and Finance - 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: | 19 Sep 2022 13:05 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/40601 |