Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/185913
Authors: 
Fornahl, Dirk
Schaffer, Axel Johannes
Siegele, Jochen
Year of Publication: 
2009
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 145 [Year:] 2009 [Issue:] 2 [Pages:] 155-185
Abstract: 
Endowment with infrastructure, human and cultural capital is highly significant for regional economic performance. After clustering the regions, this hypothesis is tested for Austrian, German and Swiss NUTS 3 regions by applying a quantile regression analysis. First results confirm the hypothesis for all factors. However, coefficients differ significantly both between clusters as well as among the quantiles of each cluster. Furthermore, insights into the regions' efficiency in using these factors are generated: investments into region-specific factors will not push the regional economy automatically, but the under- or above-average efficiency has to be taken into account.
Subjects: 
Quantile regression
regional efficiency
infrastructure
human capital
cultural capital
JEL: 
C12
H54
O15
O18
Z10
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

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