Resource title

Subsidization and Structural Change in Eastern German Transition: Did Economic Policy Meet Its Objectives?

Resource image

image for OpenScout resource :: Subsidization and Structural Change in Eastern German Transition: Did Economic Policy Meet Its Objectives?

Resource description

Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural effects of investment subsidization as one of the core policy instruments by means of an error-correction model of factor demand and output. It intends to find out whether investment subsidization contributes to creating competitive economic structures, employment and growth or whether it just fosters an exaggerated capital intensity.

Resource author

Katja Gerling

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/17698

Resource license

Adapt according to the presented license agreement and reference the original author.