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dc.contributor.authorGeppert, Kurten_US
dc.contributor.authorNeumann, Anneen_US
dc.date.accessioned2012-02-01en_US
dc.date.accessioned2012-02-15T15:02:59Z-
dc.date.available2012-02-15T15:02:59Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/55309-
dc.description.abstractWe use a large micro-dataset to assess the importance of intangible capital - organisation, R&D and ICT capital - for the economic performance of establishments and regions in Germany. In 2003 self-produced intangible capital accounted for more than one fifth of the total capital stock of estab-lishments. More than half of the intangible capital is R&D capital. This high proportion is mainly due to a relatively strong and research-intensive manufacturing sector in Germany. At the regional level, we find descriptive evidence for a positive relationship between intangible capital and the economic performance of regions. This is true both for the level of economic activities and for growth. The results of cross-sectional regressions for the years from 1999 to 2003 indicate that dou-bling the intangible capital intensity of establishments increases the average wage levels by one percent. Regarding the regional economic environment of establishments, we find that the substan-tial net advantages of agglomeration have more to do with broad knowledge and diversity than with regional clustering and specialisation. Separate regressions for the wage levels of non-intangible workers show very similar results. These workers can share the rents of the activities of intangible workers. Thus, intangible capital generates positive externalities not only at the regional level, but also at the level of establishments.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDiscussion papers // German Institute for Economic Research 1112en_US
dc.subject.jelJ24en_US
dc.subject.jelM40en_US
dc.subject.jelO33en_US
dc.subject.jelR30en_US
dc.subject.ddc330en_US
dc.subject.keywordfirm productivityen_US
dc.subject.keywordintangible capitalen_US
dc.subject.keywordagglomerationen_US
dc.subject.keywordlocal spilloversen_US
dc.subject.stwImmaterielles Anlagevermögenen_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwLohnniveauen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwRegionale Entwicklungen_US
dc.subject.stwAgglomerationseffekten_US
dc.subject.stwSpillover-Effekten_US
dc.subject.stwDeutschlanden_US
dc.titleRegional patterns of intangible capital, agglomeration effects and localised spillovers in Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn684562189en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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