Growth clubs and regional economic convergence in Germany / Oliver Holtemöller, Christoph Schult, Anna Solms ; editor: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
Download4.51 MB
Growth clubs and regional economic convergence in Germany Discovery
1968621717
URN
urn:nbn:de:gbv:3:2-123456789-1185626
DOI
ISBN
ISSN
Koordinaten
Skalierung
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, 2026
Umfang
1 Online-Ressource (III, 47 Seiten, 4,51 MB) : Diagramme, Illustration
Ausgabevermerk
Sprache
eng
Anmerkungen
Literaturverzeichnis: Seite 32-34
Inhaltliche Zusammenfassung
Many countries and regions remain below the level of economic activity of the world’s most advanced economies. Some countries form growth clubs, some are stuck in the middle-income trap, and some stay on a very low level of economic activity. Although this situation is well documented on the country level, there is less evidence at the sub-national level within countries. We estimate county-level capital stocks and price indices and provide a comprehensive county-level data set for Germany. We find no evidence of convergence across all counties even if we condition on important drivers of long-term growth such as physical and human capital accumulation. Instead, we identify five convergence clubs, using endogenous clustering. We analyze differences in growth paths and describe the identified clusters based on variations in contributions of capital, labor, and total factor productivity to economic growth. Additionally, we examine the role of migration for regional development and find that net migration has in particular contributed to growth in richer regions.
Schriftenreihe
IWH discussion papers ; 2026, no. 4 (April 2026) ppn:837399270