Using time-series cross-section data from the manufacturing sector of the 11West German 'Bundesl ¨ander' (Federal States) from 1970 to 1996, I examine the impact of public capital on private production. My econometric analysis explicitly takes into account four of the most frequent specification issues in the context of time-series cross-section data analysis: serial correlation, groupwise heteroscedasticity, ...
Infrastructure restructuring is one of the major elements of structural reforms in transition economies because of its expected large economic and social impact. This article aims to assess the role of infrastructure policy in economic development in transition countries in general and Ukraine in particular. We test the relationship between infrastructure policy and economic growth, though this test ...
This paper discusses the past and future economic situation of Berlin in the German city system. Comparing the shares of employment in various service sectors of total employment in Germany from 1939 to 1997 shows the significant changes in the role as a metropolis. Berlin has lost its dominant position as a consequence of isolation from international development for 40 years. Despite successful expansion ...