25 Jahre IWH

Veranstaltung
12
Dez 2016

14:15 - 15:45

The Persistent Effects of Place-based Policy: Evidence from the West-German Zonenrandgebiet

We show that temporary place-based subsidies generate persistent effects on economic density. As our design allows us to control for agglomeration economies, we attribute an important role to policy-induced locational advantage (e. g. capital structures) in explaining persistent spatial patterns of economic activity.

Speaker
Professor Dr. Tobias Seidel , Universität Duisburg-Essen
Location
IWH-Konferenzsaal
Professor Dr. Tobias Seidel

Über den Autor

Professor Dr. Tobias Seidel

Forschungsgebiete: Internationaler Handel, Multinationale Unternehmen, Unvollständige Arbeitsmärkte, Kreditbeschränkungen, Regionalökonomik

We show that temporary place-based subsidies generate persistent effects on economic density. As our design allows us to control for agglomeration economies, we attribute an important role to policy-induced locational advantage (e. g. capital structures) in explaining persistent spatial patterns of economic activity. With regard to distributional implications, we show that subsidies have capitalized in land rents, so pre-treatment land owners have benefited predominantly from the program.

Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoWeltoffen Logo