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Subsidization and Structural Change in Eastern Germany

Name: Subsidization and Structural Change in Eastern Germany
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 01564036
Price: 101.83 EUR
Availability: InStock
Author: Katja Gerling
ISBN: 9783540431046

Katja Gerling

Language

English

Book Hardback

Libristo code: 01564036

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, June 2002

Economic policy interventions of a scale as effected in Eastern Germany can be expected to have a si... Full description

Libristo code: 01564036

249 b

101.83 €

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Economic policy interventions of a scale as effected in Eastern Germany can be expected to have a significant impact on the economy. The question whether investment subsidization as a core policy instrument is a suitable measure to initiate a self-sustaining upswing in the Eastern German economy and an improvement of living standards has been reason for dispute since the beginning of transition. Using econometric techniques, the study analyzes the effects of investment subsidies on economic structure, employment and productivity in the Eastern German industry. The study suggests that there is a need for redesigning subsidization and changing infrastructure and labor market policies.