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Autor:innen: 
Erscheinungsjahr: 
1999
Quellenangabe: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1999
Schriftenreihe/Nr.: 
Kiel Working Paper No. 943
Verlag: 
Kiel Institute of World Economics (IfW), Kiel
Zusammenfassung: 
Catching-up of East German productivity to West German levels has completely faded out sinde the mid 1990s. The remaining productivity gap cannot be attributed to an inferior capital endowment. Instead, it appears to be the result of an inappropriate design of industrial policy which fostered the specialization of East German industry on capital intesive smoke-stack industries. These industries are absorbing a large share of factor inputs, whereas their contribution to aggregate output is rather limited. East Germany will have to face, therefore, another wave of painful structural adjustment when public subsidies will further be reduced.
JEL: 
D24
L16
L52
Dokumentart: 
Working Paper
Dokumentversion: 
Digitized Version

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